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Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and will mature in
Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and will mature in years and pay $ each quarter. The other alternative is a Mars' bond that will mature in years and pay $ each quarter. What would be the present value of each bond if the discount rate is compounded quarterly, and each bond pays $ at maturity?
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