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QUESTION 3 On January 1 , 2 0 2 2 , James Bond Inc. issued bonds with a par value of $ 5 0 0
QUESTION
On January James Bond Inc. issued bonds with a par value of $ that mature in years. The interest on the bond is paid quarterly, on March Jun September and December of every year. The coupon rate is The market interest rate for similar bonds is
The present value of the bond is closest to
$
$
$
$
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