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Suppose an Exxon Corporation bond will pay $9,138 41 years from now. If the going interest rate on similar 41-year bonds is 2.26%, how much
Suppose an Exxon Corporation bond will pay $9,138 41 years from now. If the going interest rate on similar 41-year bonds is 2.26%, how much is the bond worth today? State your answer in whole dollars.
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