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Delight Candy,Inc

question 42

Essay

Delight Candy,Inc.is choosing between two bonds in which to invest their cash.One bond is being offered from Hershey's and will mature in 10 years and pays 12% per year,compounded quarterly.The other alternative is a Mars bond that will mature in 20 years and that pays 12% per year,compounded quarterly.What would be the present value of each bond if the discount rate is 10%?


Definitions:

Size

In programming or data structures, it refers to the number of elements an object contains or can hold.

SalesData

A collection of information related to the sales transactions of a product or service.

Array Index

The numerical position within an array, starting from 0, used to access or modify the value stored at that location.

Array Subscripting

The process of accessing elements of an array by specifying the index (or subscript) of the desired element.

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