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# An investor purchased a bond for p dollars on Monday. For a

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Joined: 29 Jan 2005
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An investor purchased a bond for p dollars on Monday. For a [#permalink]  18 Dec 2005, 01:33
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An investor purchased a bond for p dollars on Monday. For a certain number of days, the value of the bond increased by r percent per day. After this period of constant increase, the bond decreased the next day by q dollars and the investor decided to sell the bond that day for v dollars. When did the investor sell the bond if r=100{sqrt(v+q/p)-1} ?

A. Wednesday of the same week.
B. Thursday of the same week.
C. Friday of the same week.
D. Monday of the next week.
E. Tuesday of the next week.
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Joined: 12 Nov 2005
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Should we assume that "v" is NO GAIN & NO LOSS value on the day of selling?
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