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bond is 1 0 % . a . What is the price of the bond if it matures in 5 , 1 0 , 1

bond is 10%.
a. What is the price of the bond if it matures in 5,10,15, or 20 years?
b. What do you notice about the price of the bond in relationship to the maturity of the bond?
a. What is the price of the bond if it matures in 5 years?
$,(Round to the nearest cent.)
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