Last year, Danielle bought a bond for $10,000 that promises to pay $350 a year. This year, a person who buys a bond for $10,000 receives $325 a year. If Danielle were to sell her (old) bond, its price would be approximately

A. $9,286.
B. $10,769.
C. $11,456.
D. $9,119


Ans: B. $10,769.

Economics

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