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Business, 16.04.2020 19:28 maggie123456751

In 2008, when the U. S. automobile industry was struggling, the price of Ford Motor Company bonds rose. Give all answers to two decimals. a. If a one-year Ford bond originally had a face value of $10,000 and a price of $9,500, what was the interest rate? % b. What is the new interest rate on the same bond if the price rises to $9,900? %

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