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Suppose you have an investment that will pay you $3,000 eight years from now. If the interest rate is 3.1%, how much is the bond
Suppose you have an investment that will pay you $3,000 eight years from now. If the interest rate is 3.1%, how much is the bond worth today? (Show your work by filling the relevant blanks below. Note that you don't have to fill in every blank, only the ones that are given and the one that needs to be calculated.) Inputs: N I/Y PV PMTFV- Calculate which value? What is the calculation result
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