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Suppose a U.S. government bond will pay $1,000 three years from now. If the going interest rate on 3year government bonds is 4%, how much

Suppose a U.S. government bond will pay $1,000 three years from now. If the going interest rate on 3year government bonds is 4%, how much is the bond worth today?

780.00

889.00

952.00

1000.00

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