Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today? a. $2,967.92 b. $3,116.31 c. $3,272.13 d. $3,435.74 e. $2,819.52
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Home » Business » Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond worth today? a. $2,967.92 b. $3,116.31 c. $3,272.13 d. $3,435.74 e. $2,819.52