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48) You received a $100 bond as a gift from your sister, Meredith. The bond will mature in 1 year and yields 6% annually. How

48) You received a $100 bond as a gift from your sister, Meredith. The bond will mature in 1 year and yields 6% annually. How much was paid for this bond? (6/27) a) $92.32 b) $91.06 c) $94.34 d) $93.80 e) $1,000.00

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