Answer to Question #175392 in Macroeconomics for lily

Question #175392

true or false?



 The yield of a bond that promises to pay 110 in one year’s time is equal to 5% if the equilibrium price of that bond is 104.76. 


1
Expert's answer
2021-03-31T11:49:23-0400

True


"104,76\\times1.05=110"


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