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Assume that a bond makes 3 0 equal annual payments of $ 2 , 0 0 0 $ 2 , 0 0 0 starting one

Assume that a bond makes 30 equal annual payments of
$
2
,
000
$2,000 starting one year from today. (This security is sometimes referred to as an amortizing bond.)
If the discount rate is
3
%
3% per annum, what is the current price of the bond?
0/1 point
5,982.40
6,088.97
37,851.13
50,369.76
39,200.88
45,186.44

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