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NYC NYC
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8 years ago
If a bond was to pay off one year from now for $212 and the interest rate is 6 percent, what is the price of the bond?
A) $200
B) $192
C) $13
D) $225
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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