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Consider a fixed-payment security that pays $100 at the end of every year for ten years. If the rate of discount is 7 percent, the
Consider a fixed-payment security that pays $100 at the end of every year for ten years. If the rate of discount is 7 percent, the present value of the bond is
| $142.15. | ||
| $700.00. | ||
| $702.36. | ||
| $1,428.57. |
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Small Business Finance And Valuation
Authors: Rick Nason, Dan Nordqvist
1st Edition
1952538122, 9781952538124
