Question
I don't want explanation , I just want a correct answer, Very quickly. 18- Suppose a one-year discount bond offers to pay $1000 in one
I don't want explanation , I just want a correct answer, Very quickly.
18- Suppose a one-year discount bond offers to pay $1000 in one year and currently has a 10% interest rate. Given this information, we know that the bond's price must be
Select one:
a. $1150.
b. $909.1.
c. $869.56.
d. $950.
e. none of the above
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
