Multiple Choice
Suppose a U.S.treasury bond will pay $2,500 five years from now.If the going interest rate on 5-year treasury bonds is 4.25%,how much is the bond worth today?
A) $1,928.78
B) $2,030.30
C) $2,131.81
D) $2,238.40
E) $2,350.32
Correct Answer:
Verified
Correct Answer:
Verified
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