Question: 7 . A $ 5 0 0 0 0 bond bearing interest at 6 . 5 % bond payable semi - annually matures in 1

7. A $50000 bond bearing interest at 6.5% bond payable semi-annually matures in 10 years. If it is bought to yield 5.7% compounded semi-annually, what is the purchase price of the bond

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