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Business, 07.03.2020 05:27 salmanderabdi12
Has oversight responsibility for the servicing and repair of her company's fleet of cars, so she frequently calls the garage mechanic to inquire whether service on various cars has been completed. Because service completion times are unpredictable, she is likely to be reinforced with positive responses to her inquiries on a schedule
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What is the percentage change in price for a zero coupon bond if the yield changes from 6.56.5% to 5.55.5%? the bond has a face value of $1 comma 0001,000 and it matures in 1010 years. use the price determined from the first yield, 6.56.5%, as the base in the percentage calculation?
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