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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 7.00%, how much is the bond worth today?
a. $483.98
b. $475.09
c. $508.35
d. $502.57
e. $543.93
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