Question: please help with this question l Suppose you are looking to purchase a bond and nd one that yields 2.5% interest and matures in 1
please help with this question

l Suppose you are looking to purchase a bond and nd one that yields 2.5% interest and matures in 1 yeah The face value {or par value) of the bond is $50,000. This is what you will be paid in 1 year when the bond matures. What is the value ofthet bond today? The rounding rules are like the IRS; 50 or more cents round up to the nearest dollars and 49 cents or less round down to the nearest dollar {pick the best answer if this confuses you). O a $51,250 0 b1 $43330 O C $45,345 0 {1189.682 0 e. None of these
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