to find the total bond value, add the present value of the amount paid at maturity to the of the annual coupon payments.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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answer; commerce clearing house;