A few years ago, you bought a bond with no expiration and a fixed annual interest payment of $1,000 at a price of $10,000.If the interest rate in the economy is now 12.5 percent a year and you want to sell the bond, the maximum price that you can get for it is

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The Answer of A few years ago, you bought a bond with no expiration and a fixed annual interest payment of $1,000 at a price of $10,000.If the interest rate in the economy is now 12.5 percent a year and you want to sell the bond, the maximum price that you can get for it is

A Few Years Ago, You Bought a Bond with No