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A year ago
A corporate bond was issued on January 11, 2019 for $10,000 with a maturity date of January 11, 2039. If the bond was purchased on June 15, 2025 and had a coupon rate of 6.0% compounded semiannually, what was the purchase price if the yield in the market was 7.25% compounded semiannually?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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bluepeachez36bluepeachez36
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