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QUESTION 7 Suppose that a bond costs $850 to buy today, but will pay $1075 over the next 12 months of the current monthl
Posted: Mon Apr 18, 2022 9:23 am
by answerhappygod
- Question 7 Suppose That A Bond Costs 850 To Buy Today But Will Pay 1075 Over The Next 12 Months Of The Current Monthl 1 (10.12 KiB) Viewed 59 times
QUESTION 7 Suppose that a bond costs $850 to buy today, but will pay $1075 over the next 12 months of the current monthly interest rate is 1-2 16%, what is the Present Value of the bond's benefits? Hint uso n.12 periods Round your answer to two (2) decimal places if necessary and do not include a dollar sign