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Calculate exactly how much one must invest today so that one will receive $6,750 in 5 years? Funds will compound quarterly and earn 6.00%. Round
Calculate exactly how much one must invest today so that one will receive $6,750 in 5 years? Funds will compound quarterly and earn 6.00%. Round to the nearest dollar. Use commas. Do NOT use dollar sign. Your Answer: Answer Question 18 (5 points) Ausrin Industries has 20 -year bonds that pay a 12.0% semi-annual coupon. If the market requires a 13.5% return on the bonds, what is the current price of an Ausrin bond? $970.25 $1,112.85 $488.58 $897.04
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