Business, 02.09.2019 18:00 Chuchee4604

Five years ago, you purchased a $1,000 corporate bond issued by general electric. the interest rate for the bond was 4 percent. today comparable bonds are paying 5 percent. what is the approximate dollar price for which you could sell your general electric bond?

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Five years ago, you purchased a $1,000 corporate bond issued by general electric. the interest rate...