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An investment pays you $105 one year from today, as well as $220.50 two years from today. If the investment is yielding 5% per annum,
An investment pays you $105 one year from today, as well as $220.50 two years from today. If the investment is yielding 5% per annum, what is the price of the investment today?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
