If the interest rate is 5 what is the present value of a
If the interest rate is 5%, What is the present value of a security that pays you $1,050 next year and $1,102.50 two years from now? If this security sold for $2,200 is the yield to maturity greater or less than 5%? Why?
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if the interest rate is 5 what is the present value of a security that pays you 1050 next year and 110250 two years
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