Suppose a Google

question 49

Multiple Choice

Suppose a Google.com bond will pay $4,500 ten years from now.If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today?

• A) $2,819.52
• B) $2,967.92
• C) $3,116.31
• D) $3,272.13
• E) $3,435.74

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Definitions:

Newly Extended

Describes something that has recently been expanded or lengthened beyond its original size, duration, or scope.

Trump Administration

The executive branch of the U.S. government from January 2017 to January 2021, led by President Donald J. Trump.

Deployment

The act of moving military personnel and equipment to a specific location to achieve strategic objectives.

Increased

Describes something that has grown or risen in amount, intensity, or extent.