Consider a two-year coupon bond that has a present value of $10,000.If the rate of discount is 3 percent, and the payment made at the end of each year is $300, the principal amount to be repaid at the end of two years is
A) $10,000.00.
B) $10,300.00.
C) $33,333.33.
D) $333,333.33.
Correct Answer:
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