The ncd matures today at a price of 1million and phil
Return on NCDs Phil purchased an NCD a year ago in the secondary market for $980,000. The NCD matures today at a price of $1million, and Phil received $45,000 in interest. What is Phil's return on the NCD?
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return on ncds phil purchased an ncd a year ago in the secondary market for 980000 the ncd matures today at a price of
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