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You consider whether to buy a bond that would pay $20,000 in 4 years. If the interest rate is 6 percent, you will buy the
You consider whether to buy a bond that would pay
$20,000
in 4 years. If the interest rate is 6 percent, you will buy the bond only if its price today is no greater than\ a.
$17,672.58
\ b.
$16,998.98
\ C.
$15,841.87
\ d.
$17,920.94
You consider whether to buy a bond that would pay $20,000 in 4 years. If the interest rate is 6 percent, you will buy the bond only if its price today is no greater than O a $17,672.58 O b. $16,998.98 Oc. $15,841.87 Od $17,920.94 13
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