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You have sold bonds that promise to pay $500 in interest at the end of each year until the end of the year in which

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You have sold bonds that promise to pay $500 in interest at the end of each year until the end of the year in which the bond matures. At that time you will also pay the $10,000 in principal. If the bond has 10 more year's until it matures and the discount rate is 5 percent, then the price of the bond is $ Suppose that the discount rate rises to 9 percent. Now, the price of the bond is $ (Round your answer to two decimal places.) Hint: You can use the adjacent tables for the discount factors and annuity factors

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