The price of a bond is.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 7SCQ: If you receive 500 in simple interest on a loan that you made for 10,000 for five years, what was...
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The price of a bond is.

O A. promised payment
(interest rate 1)
-
O C. promised payment
(1 - interest rate)
B. promised payment
(1 + interest rate)
D. promised payment
(1 + interest rate)
Transcribed Image Text:O A. promised payment (interest rate 1) - O C. promised payment (1 - interest rate) B. promised payment (1 + interest rate) D. promised payment (1 + interest rate)
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