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Suppose an Exxon Corporation bond will pay $ 1 , 0 0 0 ten years from now. If the going interest rate on safe 1

Suppose an Exxon Corporation bond will pay $1,000 ten years from now. If the going interest rate on safe 10-year bonds is 5.30%, how much is the bond worth today?
a. $580.10
b. $596.65
c. $628.27
d. $566.61
e. $592.68
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