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Home Q & A Board Science-Related Homework Help Mathematics
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xiaoyu000 xiaoyu000
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9 months ago
Calculate the market value of a $100,000 bond that carries a coupon rate of 8% and has 7½ years remaining to maturity. The current market rate on this bond is 6.68% compounded semiannually.

▸ $92,661

▸ $96,513

▸ $107,689

▸ $109,223

▸ $104,274
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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jmmillerjmmiller
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9 months ago
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Anonymous
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4 months ago
Help! The answer is missing an explanation...
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