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Question 17 2 pts A simple 2 year bond was issued for $4000 with an interest rate of 5%. It pays interest at the end

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Question 17 2 pts A simple 2 year bond was issued for $4000 with an interest rate of 5%. It pays interest at the end of each of the two years, and at the end of the second year it also pays the $4000 principal. What is the present discounted value of the bond when the discount rate is 5%? Round your answer to the nearest whole dollar. Question 18 2 pts Riley and Sue paid 30% down for a house valued at $135,000 in 2016. If they sell the house in 2020 for $140,000, what will the value of their equity be? $35,500 $45,500 O$5,000 $40,500 Question 19 2 pts Small companies typically prefer to borrowing from a bank because it is a source of funding where the company is not obligated to Oan IPO; make interest payments an IPO; issue bonds issuing bonds; to proceed with an IPO Oissuing bonds; make interest payments Question 20 2 pts Consider two assets: (1) a vast plot of land in West Texas which includes a cow ranch, and (2) a giant financial portfolio consisting mostly of mutual funds. Which asset is more liquid? the financial portfolio consisting mostly of mutual funds both assets are equally liquid neither is liquid; they are both consists mostly of solid matter the land holdings in West Texas including the ranch

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