Question: Question 1 You own a $ 5 0 , 0 0 0 face amount bond that pays no interest and matures in 2 0 years.

Question 1
You own a $50,000 face amount bond that pays no interest and matures in 20 years. (When
a bond matures, the bond owner gets paid the bond face amount.) If the discount rate is
10%, what is the bond worth today? $
Question 1 You own a $50,000 face amount bond that pays

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