How Much Does the $1,000 to Be Received Upon a Bond's

question 121

Multiple Choice

How much does the $1,000 to be received upon a bond's maturity in four years add to the bond's price if the appropriate discount rate is 6 percent?

• A)$209.91
• B)$260.00
• C)$760.00
• D)$792.09

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Definitions:

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