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Munze Munze
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6 years ago
Suppose a one-year discount bond offers to pay $100 in one year and currently sells for $99. Given this
 information, we know that the interest rate on the bond is
A) 11.1%.
B) 10%.
C) 5.3%.
D) 9.9%.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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