angelawww02 angelawww02
  • 19-04-2024
  • Business
contestada

One year before maturity, the price of a bond with a principal amount of $2,000 and a coupon rate of 5 percent paid annually fell to $1,953. The new one-year interest rate must be
• 5 percent.
• 7.5 percent.
• 13.3 percent.
• 2.3 percent.

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