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Business & Finance Assignment | Custom Assignment Help

Author:
November 12th, 2019

The futures rate on bankers’ acceptances for contracts maturing in three months is 5%.

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If the bankers’ acceptance has a $100 face value, what will its delivery price be?

Question 19 options:

a)    $95.23

b)    $98.77

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c)    $100.00

d)    $101.25 Get business finance  assignment homework help today

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