Question: Suppose a Google.com bond will pay $4,500 ten years from now. If the current interest rate on the safe 10-year bond is 4.25%, how much
Suppose a Google.com bond will pay $4,500 ten years from now. If the current interest rate on the safe 10-year bond is 4.25%, how much is the bond worth today?
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To calculate the present value of the bond we can use the formula for present value of a future cash ... View full answer
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