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Reid V.

asked • 03/22/16

Suppose that the interest rate is 10%. You are considering purchasing a bond that pays $31,000 in 7 years. What is the net present value of the bond?

 This is a Econ bond / interest word problem.

1 Expert Answer


Ron G. answered • 03/22/16

4.4 (26)

Multiple levels Math, Science, Writing

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