The futures rate on bankers' acceptances for contracts maturing in three months is 5%. If the bankers'

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The futures rate on bankers' acceptances for contracts maturing in three months is 5%.

If the bankers' acceptance has a $100 face value, what will its delivery price be?

Question 19 options:

a)$95.23

b)$98.77

c)$100.00

d)$101.25

Posted Date: Jun 06, 2024 12:08 AM

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The futures rate on bankers' acceptances for contracts maturing in three months is 5%. If the bankers'

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