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  • 20-10-2022
  • Business
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purchases a 10-year $1,000 bond that pays 5% annual interest, or $50. after 5 years, comparable interest rates are at 10%, and y sells the bond to z for $750. when z receives $1,000 at maturity of the bond, how does she treat the $250 in excess of what she paid for it?

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