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Determine the amount you would be willing to pay for a $1000 par value bond paying $80 interest each year annual and maturing in 12 years assuming you wanted to earn a 9% rate of return

Determine the amount you would be willing to pay for a $1,000 par value bond paying $80 interest each year (annual) and maturing in 12 years, assuming you wanted to earn a 9% rate of return.
 

Apr 29 2020 View more View Less

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