For your birthday, your great uncle has given you a choice between a bond with...
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For your birthday, your great uncle has given you a choice between a bond with a face value of $1,000 and 8% coupon paid annually, and a vintage chardonnay which will sell for $2,500 in 10 years. You can sell the wine the same year the band matures. The market rate of interest is 12% Whlen gift should you pick? 0 Select one: O a. The Bond O b. The Chardonnay
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