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Suppose a U . S . treasury bond will pay $ 1 , 0 0 0 seven years from now. If the going interest rate

Suppose a U.S. treasury bond will pay $1,000 seven years from now. If the going interest rate on 7-year treasury bonds is 4.55%, how much is the bond worth today?
a. $729.84
b. $732.37
c. $700.50
d. $721.82
e. $765.69

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