Last year,Leah bought a bond for $1,000 that promises to pay $105 a year.This year,a person who buys a bond for $1,000 receives $95 a year.If Leah were to sell her (old) bond,its price would be approximately
A) $818.
B) $846.
C) $905.
D) $1,105.
E) $1,273.
Correct Answer:
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