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Business, 11.11.2020 17:50 heroxtree

Last year, Brian bought a bond for $10,000 that promises to pay him $800 per year. This year, he can buy a bond for $10,000 that promises to pay $900 per year. If Brian wants to sell his old bond, what is its price likely to be?

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Last year, Brian bought a bond for $10,000 that promises to pay him $800 per year. This year, he can...
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