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What is this bond time to maturity

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Reference no: EM132880122

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Q1. Compute the present value of a $2,000 deposit in year 1, and another $1,500 deposit at the end of year 3 if interest rates are 10 percent.

Q2. A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2002, what is this bond's time to maturity?

Reference no: EM132880122

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