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Suppose a State of Texas bond will pay $2,000 ten years from now. If the going interest rate on these 10-year bonds is 0.5%, how
Suppose a State of Texas bond will pay $2,000 ten years from now. If the going interest rate on these 10-year bonds is 0.5%, how much is the bond worth today?
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
