QN01. If market interest rates are 6%, the market price of a 7% 3-month CD for $100,000 with 60 days to maturity is: $101,750 $100,757 $100,505 $100,254 $100,596 Answer(B)$100,757 QN02. If market interest rates fall to 5%, the market price of the CD in question 5, when it has 40 days to maturity will be:…
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