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uppose a State of New York bond will pay $1,000 twenty years from now. If the going interest rate on these 20 -year bonds is

uppose a State of New York bond will pay $1,000 twenty years from now. If the going interest rate on these 20 -year bonds is 4.1%, how much is the bond worth today? a. $432.88 b. $466.05 c. $447.70 d. $430.07 e. $444.10

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