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Other Fields Homework Help Business Topic started by: samualson on Jul 4, 2018



Title: A bond will pay $5,000 at maturity in 9 years. It also makes semiannual interest payments of $400 ...
Post by: samualson on Jul 4, 2018
A bond will pay $5,000 at maturity in 9 years. It also makes semiannual interest payments of $400 until maturity. If the discount rate is 7% compounded semiannually, what should be the market price of the bond?


Title: A bond will pay $5,000 at maturity in 9 years. It also makes semiannual interest payments of $400 ...
Post by: guzman on Jul 4, 2018
 $7,967.68
 


Title: A bond will pay $5,000 at maturity in 9 years. It also makes semiannual interest payments of $400 ...
Post by: samualson on Jul 4, 2018
Thank you