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please use financial calc, thank you so much! A 5%-coupon, interest-only, 30-year Treasury Bond is an asset that makes semiannual payments (that is, two payments
please use financial calc, thank you so much!
A 5%-coupon, interest-only, 30-year Treasury Bond is an asset that makes semiannual payments (that is, two payments a year) of $25 for 30 years. How much is such a bond worth now under an (annual) opportunity cost of capital of 3% ? (Round your answer to the nearest cent)Step by Step Solution
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