Business, 30.11.2020 18:10 2005briana

Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.4%, how much is the bond worth today? a. $651.60
b. $684.18
c. $718.39
d. $754.31
e. $792.02

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Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate...

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