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Mr. toast purchases a bond that pays out $44,000 in eight years. He then holds the bond for three years and then sells it. If

Mr. toast purchases a bond that pays out $44,000 in eight years. He then holds the bond for three years and then sells it. If the interest rate is 8%, then what price does he sell it for? $29,742.10, $29,945.66, $30,133.50, or $30,205.50

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