Mathematics for FinancePYQ Sep 24Question 1565 of 422
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An investor intends to purchase a three year $1,000$ per value bond having nominal interest rate of $10\%$. Aat what price the bond may be purchased now if it matures at par and the investor requires a rate of return of $12\%$?

Options

A$902.125$
B$904$
C$905.25$
D$909$
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Correct Answer

Option a$902.125$

All Options:

  • A$902.125$
  • B$904$
  • C$905.25$
  • D$909$

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