Cash and Treasury Management AAT Sample Assessment 2 Task 9c
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dgoldwater
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Task 9c (Please help me solve this with an explanation. Thank you.)
A company has £10,000 to invest. It is going to buy 1.25% treasury stock. The interest receivable on the stock will be £100 in the year. What is the market price of the stock?
A company has £10,000 to invest. It is going to buy 1.25% treasury stock. The interest receivable on the stock will be £100 in the year. What is the market price of the stock?
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