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Munze Munze
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6 years ago
Suppose a one-year discount bond offers to pay $1000 in one year and currently sells for $950. Given this information, we know that the interest rate on the bond is
A) 5.3%.
B) 9.5%.
C) 10%.
D) 90%.
E) 110%.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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