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5 years ago
A one-year discount bond with a par value of $5,000 sold today, at issuance, for $4,750 has a yield to maturity of
A) 2.50%.
B) 5.00%.
C) 5.26%.
D) 9.75%.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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5 years ago
Smart ... Thanks!
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Thanks for your help!!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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