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Homework answers / question archive / If the discount rate on a bond is 5 percent and the expected payment in year 1 is $985, calculate the price of the bond Group of answer choices $938

If the discount rate on a bond is 5 percent and the expected payment in year 1 is $985, calculate the price of the bond Group of answer choices $938

Finance

If the discount rate on a bond is 5 percent and the expected payment in year 1 is $985, calculate the price of the bond Group of answer choices $938.10 $985.00 $1,000.00 $1,050.00

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