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Rhonda purchased a 14%, zero-coupon bond with a 20-year maturity and a $10,000 par value 20 years ago. The bond matures tomorrow. How much will
Rhonda purchased a 14%, zero-coupon bond with a 20-year maturity and a $10,000 par value 20 years ago. The bond matures tomorrow. How much will Rhonda receive in total from this investment, assuming all payments are made on these bonds as expected? (Select the best choice below.) A. Rhonda will receive the market price of the bond, which depends on the market interest rate tomorrow. B. Rhonda will receive the last interest payment of $1,400. C. Rhonda will receive the last interest payment of $1,400 plus the principal repayment of $10,000. D. Rhonda will receive the $10,000 which represents the principal and accrued interest on the bond during its lifetime
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