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What is the price P of the certicate of deposit issued by bank X on 06/06/00, with maturity 08/25/00, face value $10,000,000, an interest rate
What is the price P of the certicate of deposit issued by bank X on 06/06/00, with maturity 08/25/00, face value $10,000,000, an interest rate at issuance of 5% falling at maturity and a yield of 4.5% as of 07/31/00?
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