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A company bond wit a face value of $1000 matures in exactly one year. Analysts states its positive that holders will receive full face value.
A company bond wit a face value of $1000 matures in exactly one year. Analysts states its positive that holders will receive full face value. If nominal interest rate is 9% (for investments w/o risk) and EXPECTED inflation is 2%. What is the market price of the bond
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