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.You have a $1000 CD that pays 5% compounded annually with two years remaining until maturity. Right now, the market rate is 4%. Lets suppose

.You have a $1000 CD that pays 5% compounded annually with two years remaining until maturity. Right now, the market rate is 4%. Lets suppose you need cash and decide to sell the CD to your brother. Whats the fair price?

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