Multiple Choice
What is market value of the one-year bond if all market interest rates increase by 2 percent?
A) $60.000 million.
B) $60.566 million.
C) $59.444 million.
D) $58.899 million.
E) $61.142 million. [Refer to: 8-105]
Correct Answer:

Verified
Correct Answer:
Verified
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