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A Treasury bond's price is comprised of which components? I. A lump-sum cash flow II. An annuity due III. An ordinary annuity IV. A perpetuity
A Treasury bond's price is comprised of which components?
I. A lump-sum cash flow
II. An annuity due
III. An ordinary annuity
IV. A perpetuity
a. | I and II only | |
b. | I and IV only | |
c. | II and III only | |
d. | I only |
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