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Question 16 3 pts Suppose a State of Utah bond will...

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Accounting

Question $16$

$3$ pts

Suppose a State of Utah bond will pay $ $1, 000$ ten years from now. If the going interest rate on these $10 -$ year bonds is $4.9 %,$ how much is the bond worth today?

$ $650.78$

$ $625.99$

$ $464.84$

$ $619.79$

$ $669.37$

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