Assume a city issues a 5 million bon to builed a new arena.the bond pays 8% samianuual interest and will mature in 10 years.current interest rate are 9%.what is the present value of this bond and what will be the value in seven years from today?"
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Assume a city issues a 5 million bon to builed a new arena.the bond pays 8% samianuual interest and will mature in 10 years.current interest rate are 9%.what is the present value of this bond and what will be the value in seven years from today?"
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