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Posted on Aug 01, 2024

A negotiable CD costs $ 5 0 , 0 0 0 today. When it matures in 1 8 0 days, it will pay $ 5

A negotiable CD costs $

50, 000

today. When it matures in

180

days, it will pay $

50, 000

plus $

1, 000

interest, for a total of $

51, 000 .

What is the single payment yield?

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