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Electronic Importers has a pure discount bond with a face value of $30,000 that matures in one year The risk-free rate of return is 3.8

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Electronic Importers has a pure discount bond with a face value of $30,000 that matures in one year The risk-free rate of return is 3.8 percent. The assets of the business are expected to be worth either $29,000 or $35,000 in one year. Currently, these assets are worth $28,600. What is the current value of the bond? Multiple Choice $28,146 $29,207 $28,222 $29.547 $28,049

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