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Consider a 35 Year Coupon Bond That Pays $80 Annual

Question 29

Multiple Choice

Consider a 35 year coupon bond that pays $80 annual coupons (beginning one year from today) .What is the future value of the coupons at maturity if you can invest them at 8%?


A) $13,785.34
B) $16,214.36
C) $8,496.24
D) $14,100.34
E) $3,495.30

Correct Answer:

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