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Business, 21.01.2021 01:10 jetblackcap
Bond Long will pay $1 in 20 years with a discount interest rate of 5% and Bond Short will pay $1 in 5 years with a discount interest rate of 10%. Which bond has the higher present value? Long greater than Short Short greater than Long Long and Short have same present value Not enough information to determine
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Bond Long will pay $1 in 20 years with a discount interest rate of 5% and Bond Short will pay $1 in...
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