Question: Question 5 : ABC Corp sold a $ 2 0 , 0 0 0 , five - year note bearing interest at 6 . 7

Question 5: ABC Corp sold a $20,000, five-year note bearing interest at 6.75%, compounded monthly. Itis now three years and seven months after the issue date of the note and the current market interest rateis 7.29% compounded monthly. What is the note worth today?

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