If the interest rate is 10 percent, what is the present value of a bond that matures

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If the interest rate is 10 percent, what is the present value of a bond that matures in 2 years, pays $85 1 year from now, and pays $1,085 2 years from now?

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Aug 21, 2019 09:54 AM

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If the interest rate is 10 percent, what is the present value of a bond that matures

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Economics

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