11.4 Based on the example illustrated in Figure 11.2, a. If you sold your bond after three...

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11.4 Based on the example illustrated in Figure 11.2,

a. If you sold your bond after three years, what would its value have been if the current interest rate was 3%?

b. Would you be selling the bond at a discount or a premium?

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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