# Question: Use the information in Table 15 5 a What is the price

Use the information in Table 15.5.

a. What is the price of a bond that pays one barrel of oil 2 years from now?

b. What annual cash payment would the bond have to make in order to sell for $20.90?

a. What is the price of a bond that pays one barrel of oil 2 years from now?

b. What annual cash payment would the bond have to make in order to sell for $20.90?

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