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solina solina
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7 years ago
Davis & Davis issued $1,000 par value bonds at 102. The bonds pay 12% interest annually and mature in 30 years. The market rate of interest is (round to the nearest hundredth of a percent)
A) 12.00%.
B) 11.71%.
C) 10.12%.
D) 11.29%.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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7 years ago
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solina Author
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#2
7 years ago
Simple and easy, thank u
Heavy Heart Thank you bio-forums! Heavy Heart
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