The going rate of interest on a 5-year treasury bond is 4.25%.You have one that will pay $2,500 five years from now.How much is the bond worth today?
A) $1,928.78
B) $2,030.30
C) $2,131.81
D) $2,238.40
E) $2,350.32

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The Answer of The going rate of interest on a 5-year treasury bond is 4.25%.You have one that will pay $2,500 five years from now.How much is the bond worth today?
A) $1,928.78
B) $2,030.30
C) $2,131.81
D) $2,238.40
E) $2,350.32

The Going Rate of Interest on a 5-Year Treasury Bond