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Larry James is planning to invest $25,400 today in a mutual fund that will provide a return of 0.10 each year. What will be the value of the investment in 10 years?
Financial Management, Finance
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Assume that HOS could issue a zero coupon bond at an annual interest rate of 4 percent with semiannua compounding for 20 years. If HOS receives $2,264.45 for the bond, how much would it have to pay at the maturity date?
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