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What Is Market Value of the One-Year Bond If All

Question 122

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:

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