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A $100,000 face value bond pays 4% interest annually for the next 30 years. The market rate is also 4%, if the bond is stripped
A $100,000 face value bond pays 4% interest annually for the next 30 years. The market rate is also 4%, if the bond is stripped what will lump sum and annuity sell for?
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
