A $100,000 dollar face value bond pays 4% interest annually for the next 30 years. The market
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A $100,000 dollar face value bond pays 4% interest annually for the next 30 years. The market rate is also 4%,If the bond is strippedWhat will the lump sum and Annuity Sell for?
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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