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Eieio Eieio
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A year ago
The Bond Market

If you own a $1,000 face value bond with one year remaining to maturity and a coupon rate of 6% and new bonds are paying 7%, what is the most you can get for your old bond today? (Round to the nearest hundredth.)

▸ $152.86

▸ $132.50

▸ $930.00

▸ $133.75
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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firebug210firebug210
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A year ago
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Eieio Author
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A year ago
Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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Thanks for your help!!
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