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A discount bond with a price of $500500 that has a face value of $1 comma 2001,200 and matures in fourfour years. A.500 equals 1
A discount bond with a price of $500500 that has a face value of $1 comma 2001,200 and matures in fourfour years. A.500 equals 1 comma 200 times left parenthesis 1 minus i right parenthesis 500 equals 1 comma 200 times left parenthesis 1 minus i right parenthesis500=1,200(1i) B.500 equals StartFraction 1 comma 200 Over left parenthesis 1 plus i right parenthesis EndFraction 500 equals StartFraction 1 comma 200 Over left parenthesis 1 plus i right parenthesis EndFraction500= 1,200 (1 i) C.500 equals StartFraction 1 comma 200 Over left parenthesis 1 plus i right parenthesis Superscript 4 EndFraction 500 equals StartFraction 1 comma 200 Over left parenthesis 1 plus i right parenthesis Superscript 4 EndFraction500= 1,200 (1 i)4 D.500 equals 1 comma 200 times left parenthesis 1 minus i right parenthesis Superscript 4 500 equals 1 comma 200 times left parenthesis 1 minus i right parenthesis Superscript 4500=1,200(1i)4
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Numerical Analysis
Authors: Richard L. Burden, J. Douglas Faires
9th edition
538733519, 978-1133169338, 1133169333, 978-0538733519
