What is the change in the interest rate

Reference no: EM132060540

Question: I purchase a 1-year 5 percent bond for $1000. What is the change in the interest rate if I find that I would receive $1005 for an immediate resale? What is the change in the interest rate if I find that I would receive only $990 for an immediate resale? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132060540

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What is the change in the interest rate : I purchase a 1-year 5 percent bond for $1000. What is the change in the interest rate if I find that I would receive $1005 for an immediate resale?

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