A bond promises to pay 150 in 12 months the annual

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A bond promises to pay $150 in 12 months. The annual applicable interest rate is 5%. What is the bond"s price today?

Reference no: EM13481183

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A bond promises to pay 150 in 12 months the annual : a bond promises to pay 150 in 12 months. the annual applicable interest rate is 5. what is the bonds price
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