The table illustrates the demand and supply schedules for television sets in Venezuela, a “small” nation that is unable to affect world prices.
September 3, 2020
SOORY, I CAN PAY 100.00 YOU DID TELL ME WHAT YOU CAN DO FOR ME FOR 100. I NEED 3 TO 4PAY APA STYLE . YOU DID NOT SPECIFY IF YOU CAN MEET MY DEMAND AT…
September 3, 2020

Rob buys a 30 year coupon bond with his $250,000 deposit at a time when the interest

(coupon) rate is 3%. In just under 3 years (so just before the 3rd coupon payment) he

sells the bond to a neighbour. At that time the interest rate is 5%. How much is the

bond’s approximate (within $50) competitive value at the time of sale?

KM
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