8-90 What is market value of the two-year CD if all market interest rates increase by 2 percent?
A)$40.381 million.
B)$39.626 million.
C)$40.000 million.
D)$38.750 million.
E)$40.769 million.

Question

Quizplus · Accepted Answer

The Answer of 8-90 What is market value of the two-year CD if all market interest rates increase by 2 percent?
A)$40.381 million.
B)$39.626 million.
C)$40.000 million.
D)$38.750 million.
E)$40.769 million.

8-90 What Is Market Value of the Two-Year CD If