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The bond has a price of $1000, maturing in 6 years, the current price is $700. Another investment is to deposit the money into ban
The bond has a price of $1000, maturing in 6 years, the current price is $700. Another investment is to deposit the money into ban k, they offer an annual interest rate of 8%. Which investment will you choose? Please explain your choice with both (1) NPV method and (2) future value method
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