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What is the present value (PV) of an investment that will pay $500 in one year's time, and $500 every year after that, when the
What is the present value (PV) of an investment that will pay $500 in one year's time, and $500 every year after that, when the interest rate is 10%?
A) $2500
B) $4000
C) $3000
D) $5000
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
