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Question 13 (7 points) value of $10,000. The certificate of deposit has a 1-year maturity and a 6 percent fixed rate of interest. The FI

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Question 13 (7 points) value of $10,000. The certificate of deposit has a 1-year maturity and a 6 percent fixed rate of interest. The FI expects no additional asset growth. Assuming that market interest rates increase 2 percent, the bond will have a value of $8,934 at the end of year 1. What will be the market value of the equity for the Fl? Assume that all of the net interest income is used to cover operating expenses or is distributed as dividends. $1,066 $660 $2,000 $934 $2,934

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