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nyounger nyounger
wrote...
Posts: 505
4 years ago
If a one-year bond is purchased for $400 and the interest rate is 8 percent, what will it pay in one year?

▸ $48

▸ $368

▸ $400

▸ $432
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Answer verified by a subject expert
Kailz1218Kailz1218
wrote...
Posts: 416
4 years ago
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nyounger Author
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this is exactly what I needed
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