Business, 04.04.2020 05:03, Babyyygggirl26

You have just purchased a six-month, $680,000 negotiable CD, which will pay a 9.5 percent annual interest rate. a. If the market rate on the CD rises to 10 percent, what is its current market value? b. If the market rate on the CD falls to 9.25 percent, what is its current market value?

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You have just purchased a six-month, $680,000 negotiable CD, which will pay a 9.5 percent annual int...