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Last year, you bought a one - year to maturity bond for $ 1 , 0 0 0 at 1 0 % interest rate. Currently

Last year, you bought a one-year to maturity bond for $1,000 at 10% interest rate. Currently a person who buys a bond for $1,000 receives 12% interest rate a year. If you were to sell your bond, its Present Value would be approximately
Group of answer choices
$818.
$846.
$890.
$1,222.

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