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uppose a State of New York bond will pay $1,000 fifteen years from now. If the going interest rate on these 15-year bonds is 5.6%,

uppose a State of New York bond will pay $1,000 fifteen years from now. If the going interest rate on these 15-year bonds is 5.6%, how much is the bond orth today? a. 5441.61 b. 5466.34 C S418.19 d. 4212129 e. 1436.72

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