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pattytcakes pattytcakes
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2 years ago
The Bond Market

If you own a $100 face value bond with one year remaining to maturity and a coupon rate of 10% and new bonds are paying 4%, what is the value of your old bond today? (Round to the nearest hundredth.)

▸ $9.45

▸ $22.00

▸ $96.00

▸ $20.80
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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lizwalkerlizwalker
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pattytcakes Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Smair87
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Yesterday
Thank you, thank you, thank you!
Marctheshark
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2 hours ago
Correct Slight Smile TY
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