A client requires 100,000 one year from now. If the stated annual rate is 2.50% compounded weekly,

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A client requires £100,000 one year from now. If the stated annual rate is 2.50%

compounded weekly, the deposit needed today is closest to:

A. £97,500.

B. £97,532.

C. £97,561.

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Quantitative Investment Analysis

ISBN: 9781119743620

4th Edition

Authors: CFA Institute

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Question Posted: Oct 25, 2024 10:05 AM

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A client requires 100,000 one year from now. If the stated annual rate is 2.50% compounded weekly, the deposit needed today is closest to: A. 97,500. B. 97,532. C. 97,561.
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A client requires 100,000 one year from now. If the stated annual rate is 2.50% compounded weekly,

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Quantitative Investment Analysis

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