Question
The state short-term bonds of nominal value of 1 000. USD and of the period of rotation of 91 days are sold at the rate
The state short-term bonds of nominal value of 1 000. USD and of the period of rotation of 91 days are sold at the rate 87.5.
Find the amount of profit from the purchase of 10 bonds and profitability of financial operation given that the estimated number of days in a year is 365 days?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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