Multiple Choice
Suppose a U.S. Treasury bond promises to pay $9,780.13 in three years. If bonds of this type are generating a 4 percent annual return, how much would you pay for this bond today?
A) $8,429.71
B) $11,001.32
C) $8,694.50
D) $9,112.78
Correct Answer:
Verified
Correct Answer:
Verified
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