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Reptor Reptor
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5 years ago
Suppose Matt's New Cars issues and sells a one-year discount bond for $9,259 and repays $10,000 at maturity. The interest rate on this bond would be
A) 2.6%.
B) 7.41%.
C) 8%.
D) 10%.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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pepebillypepebilly
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5 years ago
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Reptor Author
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5 years ago
Smart ... Thanks!
joyceess
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Yesterday
Good timing, thanks!
aznzergs
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2 hours ago
This site is awesome
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