Question: please show me the calculation process 1. Suppose a State of Texas bond will pay $3,000 ten years from now. If the going interest rate

please show me the calculation process

1. Suppose a State of Texas bond will pay $3,000 ten years from now. If the going interest rate on these 10-year bonds is 0.5%, how much is the bond worth today?

2. Suppose you have $1,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 2.0% annual interest, compounded annually. How much will you have when the CD matures?

3. Suppose you have $1,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 2.0% annual interest, compounded quarterly. How much will you have when the CD matures? (Hint: To incorporate the compounding effect, you need to convert the annual interest rate into the quarterly interest rate, and convert years into quarters to get correct answer).

please show me the calculation process

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