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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
What is the amount of premium/discount for a bond that has 4 years till it matures? The face value of the bond is $100 000 and it has a bond rate of 6.4% compounded semi-annually. The bond is sold to yield 7.4% compounded semi-annually.
A) $3084.47
B) $3840.47
C) $3048.47
D) $3408.47
E) $3184.47
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago
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gewusel Author
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6 years ago
this is exactly what I needed
ezsancheezy
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Yesterday
Thanks
veronee_madison
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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