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A $5,000 face value bond is quoted at a bank discount yield of 2.2 percent. What is the current value of the bond if it
A $5,000 face value bond is quoted at a bank discount yield of 2.2 percent. What is the current value of the bond if it matures in 36 days?
| $4,972 | ||
| $4,978 | ||
| $4,982 | ||
| $4,986 | ||
| $4,989 |
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How To Get Money For College Financing Your Future Beyond Federal Aid
Authors: Mark D. Snider
1st Edition
0768928869, 978-0768928860
