Question: Approximate the market value for the following $1,000 bonds. Approximate Market Value Dollar Amount of Interest for the Existing Bond Interest Rate for Comparable Bonds

Approximate the market value for the following $1,000 bonds.

Approximate Market Value Dollar Amount of Interest for the Existing Bond Interest Rate for Comparable Bonds Issued Today Interest Rate When Issued 5% 4% 5.1% 6.2% 6% 7%

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