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Business, 14.02.2020 19:32, Chrissyx5215
A bond pays $1,000 at the end of each year for 5 years plus an additional $5,000 when the bond matures at the end of 5 years. What is the most you would be willing to pay for this bond if your opportunity cost of capital is 5%?
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A bond pays $1,000 at the end of each year for 5 years plus an additional $5,000 when the bond matur...
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