tracidj6463 tracidj6463

08-01-2024
Mathematics

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A 10-year German government bond (Bund) has a face value of €100 and a coupon rate of 5% paid annually. Assuming an interest rate of 6% per year, what is the bond's present value?
a) €100
b) €94.34
c) €112.36
d) €105.66

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