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electronic importers has a pure discount bond with a face value of 30,000 that m

ID: 2728981 • Letter: E

Question

electronic importers has a pure discount bond with a face value of 30,000 that matures in one year. the risk-free rate of return is 3.6?percent. the assets of the business are expected to be worth either 29,000 or 35000 electronic importers has a pure discount bond with a face value of 30,000 that matures in one year. the risk-free rate of return is 3.6?percent. the assets of the business are expected to be worth either 29,000 or 35000 electronic importers has a pure discount bond with a face value of 30,000 that matures in one year. the risk-free rate of return is 3.6?percent. the assets of the business are expected to be worth either 29,000 or 35000

Explanation / Answer

assets of the business are expected to be worth either 29,000 (30000*0.9653)