5. A certain five-year bond has a par value of $10,000. It makes no other...
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5. A certain five-year bond has a par value of $10,000. It makes no other payments. Assuming a discount rate of 5%, compounded annually, what is the bond's current price?
5. A certain five-year bond has a par value of $10,000. It makes no other payments. Assuming a discount rate of 5%, compounded annually, what is the bond's current price
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