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Home Q & A Board Science-Related Homework Help Mathematics
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majarm majarm
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6 years ago
What is the quoted price of a bond that has 4.5 years until maturity? The face value of the bond is $5000 and it has a coupon rate of 8.1% compounded semi-annually and a yield rate of 8.6% compounded semi-annually.
A) $4809.32
B) $4998.32
C) $4908.32
D) $4888.32
E) $4898.32
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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majarm Author
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Thank you, thank you, thank you!
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