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What is the expected price of the following loan? Principal (par value): 10,000 Stated rate: .10 Maturity: 5 year Interest rate for the loan: .06
What is the expected price of the following loan?
Principal (par value): 10,000
Stated rate: .10
Maturity: 5 year
Interest rate for the loan: .06
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
