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A bank issued a 91-day 1 million negotiable certificate of deposit (CD) with a 0.57% quoted annual interest rate. The closest value to what negotiable
A bank issued a 91-day 1 million negotiable certificate of deposit (CD) with a 0.57% quoted annual interest rate.
The closest value to what negotiable CD holder will receive at maturity is:
Question 13 options:
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1,001,450
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1,001,421
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1,000,446
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1,001,441
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