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Managerial Finance 6305 question, Time Value of Money. please show me the calculation process so I can see how its solved. A State of Texas
Managerial Finance 6305 question, Time Value of Money. please show me the calculation process so I can see how its solved.
A State of Texas bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 2.5%, how much is the bond worth today?
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