You are considering the purchase of a set of consul bonds, Financial Management

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You are considering the purchase of a set of consul bonds

You are considering the purchase of a set of consul bonds paying a total of $20,000 per year. If your required rate of return to make the purchase is 7%, how much will you be willing to pay? A.$1,400.00 B. $285,714.29 C.$82,651.80 D. Cannot be determined from the information provided

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