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Harold owns a $20,000 savings bond that matures when he turns 25 , seven years...

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Accounting

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Harold owns a $20,000 savings bond that matures when he turns 25 , seven years from now. Sam made an offer to Harold to purchase the savings bond a year ago, when Harold's required return was 10% but Harold correctly declined the offer. Today, one year later, Sam offers to buy the savings bond from Harold again accepts. If Harold's required return today is 0% and assuming Harold was correct to decline the offer a year ago and also correct to accept the offer today, how did the price that Sam offered change over the past year? Sam's offer price went up Sam's offer price went down Sam's offer price was $20,000 a year ago Sam's offer price stayed the same

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