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What would you pay for a $100 000 debenture bond that matures in 15 years and pays $5,000 year in interest if you wanted to
What would you pay for a $100 000 debenture bond that matures in 15 years and pays $5,000 year in interest if you wanted to earn a yield of:
a.)4%
b.)5%
c.)6%
I need the amount for a,b & c (4%,5%,6%)
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