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Cindy has recently purchased for $1,000 an 10% 10-year bond paying interest annually. She is aware that changes in market rates of interest may cause

  1. Cindy has recently purchased for $1,000 an 10% 10-year bond paying interest annually. She is aware that changes in market rates of interest may cause the value of her investment to fluctuate. Prepare a comparative schedule showing the market value of the $1,000 bond assuming a market rate of 8%, 10%, and 12%.

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