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1. What is the present value of a simple bond with a face value of $2000 that makes annual payment of $200 for 3 years

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1. What is the present value of a simple bond with a face value of $2000 that makes annual payment of $200 for 3 years at an interest rate 5%? 2. What is the value of a bond with a face value of $4000 that makes annual payments of $500 for 3 years at an annual discount rate of 6%

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