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Suppose an Exxon Corporation bond will pay $4, 500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how
Suppose an Exxon Corporation bond will pay $4, 500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today? a. $2, 819.52 b. $2, 967.92 c. $3, 116.31 d. $3, 272.13 e. $3, 435.74
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