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Suppose a State of Texas bond will pay $10 ,000 ten years from now. If the going interest ra te on these 10-year bonds is
Suppose a State of Texas bond will pay $10,000 ten years from now. If the going interest rate on these 10-year bonds is 2.0%, how much is the bond worth today?
Suppose you have $5,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 2.0% annual interest, compounded annually. How much will you have when the CD matures?
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Small Brewery Finance
Authors: Maria Pearman
1st Edition
1938469526, 978-1938469527
