7 . A $ 5 0 0 0 0 bond bearing interest at 6 . 5 %

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7 .

A $

50 000

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

Posted Date: May 18, 2024 10:14 PM

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7 . A $ 5 0 0 0 0 bond bearing interest at 6 . 5 %

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