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Consider a zero - coupon bond with a price of $ 8 8 0 and a face value of $ 1 , 0 0 0
Consider a zerocoupon bond with a price of $ and a face value of $ with years to maturity. The yield to maturity is approximately: A percent B percent C percent D percent. Suppose that you have a credit card balance of $ and you decide to pay $ a month and to never use this card again. If the annual interest rate is percent, how many months will it take for you to pay off this balance? A months B months G months D months E months
Consider a zerocoupon bond with a price of $ and a face value of $ with years to maturity. The yield to maturity is approximately:
A percent
B percent
C percent
D percent.
Suppose that you have a credit card balance of $ and you decide to pay $ a month and to never use this card again. If the annual interest rate is percent, how many months will it take for you to pay off this balance?
A months
B months
G months
D months
E months
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