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    Exam 3: Interest Rates and Rates of Return
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    Suppose Matt's New Cars Issues a Bond in Which They'll
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Suppose Matt's New Cars Issues a Bond in Which They'll

Question 1

Question 1

Multiple Choice

Suppose Matt's New Cars issues a bond in which they'll need to pay $10,000 in one year,which includes 4% interest.How much will they receive for the bond?


A) $9,600
B) $9,615
C) $10,000
D) $10,400

Correct Answer:

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