If the interest rate is 10%, what is the present value of a security that pays you $1,100 next year, $1,220 the year after, and $1,349 the year after that? Present value is $ 3.021.79. (Round your response to the nearest penny.) Which $1,000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 10% or a one-year band selling for $800 with a current yield of 5%? The yield to maturity for a one-year bond is 30.0%. (Round to one decimal place.) The yield to maturity for a 20-year bond is approximately 10%. (Round to the nearest whole number.) The yield to maturity on the one-year bond is greater than the yield to maturity for a 20-year bond discussed