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A bond matures in 20 years, at which time it pays the owner $1,000. It also pays $50 (or 5% stated or coupon rate) at

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A bond matures in 20 years, at which time it pays the owner $1,000. It also pays $50 (or 5% stated or coupon rate) at the end of each of the next 20 years. If similar bonds are currently yielding 5%, what is the market value of the bond? OA) over $1,000 B) cannot be determined from the information given. C) under $1,000 OD) exactly $1,000 Question 30 (0.15 points) If Al deposits $1,000 into a bank account that pays 8% interest compounded quarterly, what will the account balance be in five years? OA) 1,669 B) 1,586 C) 1,608 D) 1.486

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