Question: Example Certificate A pays $ 1 0 0 0 in four months and $ 1 0 0 0 in eight months. Certificate B pays $

Example
Certificate A pays $1000 in four months and $1000 in eight months. Certificate B pays $1000 in five months and $1000 in nine months. If the rate of return required is 5.75%. Determined the current valuc for cach of the Certificates. Give an explanation for the lower value of certificate B.
Example Certificate A pays $1000 in four months and $1000 in

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