Q1 For the statements below indicate if it is true or false. If the statement is false, rewrite so that it is a true sta

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answerhappygod
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Q1 For the statements below indicate if it is true or false. If the statement is false, rewrite so that it is a true sta

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Q1 For the statements below indicate if it is true or
false. If the statement is false, rewrite so that it is a true
statement.
a. The present value of a bond is the rate of interest
times the expected annual income flow
TRUE/False
:
b. Treasury bill with a par
value of $5000 sold at $4,750. After six month the discount of this
treasury bill is 8.6% . Show your answer.
TRUE/False :
c. Assuming free markets,
purchasing power parity refers to a situation in which the real
purchasing power of a currency is the same in domestic and
international trade.
TRUE/False :
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