Question: 8. Compute the present value for a bond that promises to pay interest of 150 a year for thirty years and 1,000 at maturity. This

8. Compute the present value for a bond that promises to pay interest of *150 a year for thirty years and *1,000 at maturity. This first interest payment is paid one year from now. Use a rate of discount at 8 per cent.

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Question: 8. Compute the present value for a bond that promises to pay interest of *150 a year for thirty years and *1,000 at maturity. This

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Question: 8. Compute the present value for a bond that promises to pay interest of 150 a year for thirty years and 1,000 at maturity. This