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Part E: Your are thinking about buying a $ 1 , 0 0 0 bond issued by the Appalachian Development Authority. The bond will pay
Part E: Your are thinking about buying a $ bond issued by the Appalachian Development Authority. The bond will pay $ interest at the end of the next five years Years to At the end of Year the bond will pay the coupon plus face value, or $ If the relevant discount rate is what is the present value of the bond's future payments?
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