A Treasury bond pays $1 million at the end of 20 years. What is its present value

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A Treasury bond pays $1 million at the end of 20 years. What is its present value if the interest rate is 4%?

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Fundamentals Of Corporate Finance

ISBN: 9781264101566

11th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus

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Question Posted: Jan 04, 2023 03:06 AM

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A Treasury bond pays $1 million at the end of 20 years. What is its present value

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Fundamentals Of Corporate Finance

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