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Mr. Victory plans to buy a discount bond that pays out $575 in two years. If he pays a price today of $505, then what
Mr. Victory plans to buy a discount bond that pays out $575 in two years. If he pays a price today of $505, then what is the yield?
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5.1%
5.9%
6.7%
7.5%
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
