You invest $150 right now (PV) at 5% in a 10-year certificate of deposit. What...
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You invest $150 right now (PV) at 5% in a 10-year certificate of deposit. What will the FV be at the end of 10 years? You own a consol (bond) paying $7.500 every year forever. To be clear, there is no growth - although this sentence is redundant. If the market rate for the yield on the bond is 4%, what is the value of this consol
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