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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.
Expert's answer
True
Learn more about our help with Assignments: Macroeconomics
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#340153 on Dec 2023
#340153 on Dec 2023
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