1 for the country of chad provide the type of exchange rate, Ask an Expert

Finance

1. For the country of Chad provide the type of exchange rate system the country uses, define that system, list advantages and disadvantages of that system and provide a brief explanation as to why that country uses their selected system.

2. Money invested in a certificate of deposit grew from $43150.70 to $44121.59 in five months. What was the interest rate in percent form to the nearest tenth?

3. Consider two bonds, a 3-year bond paying an annual coupon of 7.00% and a 10-year bond also with an annual coupon of 7.00%. Both currently sell at a face value of $1,000. Now suppose interest rates rise to 12%.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92833108

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