An investor buys a six-year bond with a nominal value of €1,000 which pays at maturity the principal amount invested and

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answerhappygod
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An investor buys a six-year bond with a nominal value of €1,000 which pays at maturity the principal amount invested and

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An investor buys a six-year bond with a nominal value of €1,000
which pays at maturity the principal amount invested and the
interest that accumulates. The bond earns an annual interest of
2¾%. How much money the investor expects to be paid at
maturity?
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