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Calculate the present value of an $1100 discount bond with 4 years to maturity if the...

Calculate the present value of an $1100 discount bond with 4 years to maturity if the yield to maturity is 8​%.

The present value is $___ ​(Round your response to two decimal​ places.)

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Answer #1

Since (tra Where Pre present Value RV a future value ra rale te time loo 71.084 11oo 1.36 z = 1loo 1.36 TPO = $808.82 €

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