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Assume that the current interest rate is 2.1%. The price of a nine-month (274 days), 110,000 certificate of deposit with 170 days remaining until maturity

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Assume that the current interest rate is 2.1%. The price of a nine-month (274 days), 110,000 certificate of deposit with 170 days remaining until maturity and a quoted annual rate of 1.1% is: O 110,166.20 O 111,164.60 108,847.60 109,834.10 Assume that the current interest rate is 2.1%. The price of a nine-month (274 days), 110,000 certificate of deposit with 170 days remaining until maturity and a quoted annual rate of 1.1% is: O 110,166.20 O 111,164.60 108,847.60 109,834.10

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