Business, 27.03.2020 06:18 anaoliviahoy
Consider a $1000 bond that pays an annual interest rate of 8% and matures in two years. The prevailing interest rate has dropped to 4%. Choose from the numbers to create the equation that will calculate the current price of this bond. Note that this bond will make two payments. Please place the earlier one on the left side of the plus sign.
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Consider a $1000 bond that pays an annual interest rate of 8% and matures in two years. The prevaili...
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