When he was born bob was given a 10000 30 year bond by his, Ask an Expert

Economics

When he was born, Bob was given a $10,000 30 year bond by his uncle. Ben, Bob’s brother wants to buy the bond for $6,000. Bob is currently 25 years old. US Treasuries are currently paying 6.5%. According to the present value of money should Bob accept Ben’s offer? Write your solution below.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92195740

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