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BANK OF AMERICA BONDS WITH A PAR VALUE OF 1000 THAT PAYS A 6.35 PERCENT ON ITS PAR VALUE IN INTEREST SELL FOR 1020 IN
BANK OF AMERICA BONDS WITH A PAR VALUE OF 1000 THAT PAYS A 6.35 PERCENT ON ITS PAR VALUE IN INTEREST SELL FOR 1020 IN MATURES IN 5 YEAR.
CALCULATE THE VALUE OF INVESTMENT BASED ON YOUR REQUIRED RATE RETURN
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