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If you have a bond and the FV is $12,000. The bond is affective for 10 years and pays out once a year. If the
If you have a bond and the FV is $12,000. The bond is affective for 10 years and pays out once a year. If the bond interest rate is 3.2% APR and the market rate is 4.2% APR. what is the present value of the bond?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
