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A judge has ordered those meddling kids at Mystery, Inc. to pay $ 5 0 0 0 one year from today and $ 1 0
A judge has ordered those meddling kids at Mystery, Inc. to pay $ one year from today and $ two years from today. To match the obligations, the Mystery, Inc. crew plans to purchase bonds today. The following bonds are available for purchase today:
Oneyear zerocoupon bonds with yield
Twoyear parvalue bond with annual coupons and yield
Find the total purchase price of the bonds today to exactly match the obligations:
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