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Chapters 9 and 10 What would you pay for a $75,000 bond that matures in 15 years and pays $7,500 a year in interest (compounded

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Chapters 9 and 10 What would you pay for a $75,000 bond that matures in 15 years and pays $7,500 a year in interest (compounded annually), if the market interest rates are the following: (round to the nearest one) (10 pts) Hint: calculate the present value of the bond using the market rate of interest listed below. a. 8% b.10% c. 12%

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