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Suppose a Puerto Rico government bond pays $ 3,255.80 within 4 years at 4% interest. Calculate the present value of the bond. Determine the value

Suppose a Puerto Rico government bond pays $ 3,255.80 within 4 years at 4% interest.

Calculate the present value of the bond.

Determine the value of the bond assuming it will mature in 6 years at 5% interest.

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