If the annual interest rate is 8%, what would you expect to pay for a bond paying
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If the annual interest rate is 8%, what would you expect to pay for a bond paying a lump sum of $10,000 in ten years? Show your calculations.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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