A bond promises to pay you $7,000.00 in 10 years. If you are able to earn 6 percent on securities of equal risks, what would be the present value of the Bond? (to the nearest dollar) Select one: O a....


A bond promises to pay you $7,000.00 in 10 years. If you are able to<br>earn 6 percent on securities of equal risks, what would be the<br>present value of the Bond? (to the nearest dollar)<br>Select one:<br>O a. $4,200<br>O b. $3,589<br>Oc. $3,727.00<br>O d. $3,909<br>A bond will sell at<br>if the required return is greater than<br>the coupon rate.<br>

Extracted text: A bond promises to pay you $7,000.00 in 10 years. If you are able to earn 6 percent on securities of equal risks, what would be the present value of the Bond? (to the nearest dollar) Select one: O a. $4,200 O b. $3,589 Oc. $3,727.00 O d. $3,909 A bond will sell at if the required return is greater than the coupon rate.

Jun 11, 2022
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