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Exercise
Nov 20'23
Answer
Solution: A
Let N be the number of shares bought of the bond as indicated by the subscript.
[[math]]
\begin{array}{l}{{N_{C}(105)=100,N_{C}=0.9524}}\\ {{N_{B}(100)=102-0.9524(5),N_{B}=0.9724}}\\ {{N_{A}(107)=99-0.9524(5),N_{A}=0.8807}}\end{array}
[[/math]]
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