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Solve step by step and select the correct answer A company issued a 180-day bond with a face value of 100 USD . At the
Solve step by step and select the correct answer
A company issued a 180-day bond with a face value of 100 USD . At the time of issuance the title was taken by investors at a price of 97 USD, the exchange rate was $ 19.50 pesos and at maturity it is $ 21.00 pesos. The nominal cost (annual) in MXN is:
a) 22.05%
b) 11.02%
c) 6.19%
d) 3.09%
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