Non M.

asked • 02/14/21

How much you will pay

33. How much would you be prepared to pay for a $500 bond which comes due in 5 years and pays $80 interest annually assuming your required rate of return is 8% (pick closest answer)?


740

660

608

500

1 Expert Answer

By:

Sada H. answered • 02/16/21

Tutor
5 (1)

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