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I have only 1 hour to do it. Thanks!!! Diego Pablo is considering investing in a bond that has a nominal value of $ 20,000

I have only 1 hour to do it. Thanks!!! image text in transcribed
Diego Pablo is considering investing in a bond that has a nominal value of $ 20,000 and that matures in 20 years. The bond pays 4% interest compounded quarterly. If Diego Pablo wants to earn a quarterly rate of return of 1.5% on his investment, determine the maximum he should be willing to pay for this financial instrument

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