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Consider four different financial products you can invest in: 1. A 12-month certificate of deposit that earns 2% annual interest 2. A par 1-year risk-free

Consider four different financial products you can invest in: 1. A 12-month certificate of deposit that earns 2% annual interest 2. A par 1-year risk-free bond with a 2% annual coupon. 3. A par 1-y...

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Fundamentals of Financial Management

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