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  3. calculate the present value of aa ?$1 ,400 discoun

Calculate the present value of aa ?$1 ,400 discount bond with 4 years to maturity...

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Question

Finance

Calculate the present value of

aa

?$1 ,400 discount bond with 4 years to maturity if the yield to maturity is

3?%.

The present value is

?$

?(Round your response to two decimal? places.)

Answer & Explanation Solved by verified expert
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