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Suppose a State of California bond will pay 51,000 six years from now. If the going interest rate on these 6 -year bonds is 5.2%,

Suppose a State of California bond will pay 51,000 six years from now. If the going interest rate on these 6 -year bonds is 5.2%, how much is the bond worth today? 3. $776.11 b. $701.28 c. $737.74 d. $725.86 e. $734,91

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