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Posted on Oct 19, 2024

The present value of a$ 1 0 0 bond that pays $ 1 1 0 payment in two years, given an annual 1 0 %

The present value of a$

100

bond that pays $

110

payment in two years, given an annual

10 %

interest rate, is

_

and is selling at $

91

; a discount $

97

; a discount. $

115

; a premium. $

100

; par value.

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