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Science-Related Homework Help Mathematics Topic started by: gewusel on Nov 27, 2017



Title: A $25 000, 6% bond redeemable at par is purchased 11 years before maturity to yield 6.9% compounded ...
Post by: gewusel on Nov 27, 2017
A $25 000, 6% bond redeemable at par is purchased 11 years before maturity to yield 6.9% compounded semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond?


Title: Re: A $25 000, 6% bond redeemable at par is purchased 11 years before maturity to yield 6.9% ...
Post by: Axy on Nov 27, 2017
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Title: Re: A $25 000, 6% bond redeemable at par is purchased 11 years before maturity to yield 6.9% ...
Post by: Jazzy Jatt on Jul 31, 2020
Thanks