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Question 1 (1 point) A bond promises to pay $38.00 in 3.0 years time. If the discount rate is j4 = 7.9950% p.a. then the

Question 1 (1 point) A bond promises to pay $38.00 in 3.0 years time. If the discount rate is j4 = 7.9950% p.a. then the Present Value of the bond is: 01) $40.32 O2) $29.97 03) $35.81 04) $48.19

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