A $ 1 0 0 0 bond bearing interest at 6 % payable semi - annually is

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A $

1000

bond bearing interest at

6 %

payable semi

-

annually is due in four years. If money is worth

7 %

compounded semi

-

annually, what is the value of the bond ifpurchased today?

Posted Date: May 19, 2024 01:11 AM

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A $ 1 0 0 0 bond bearing interest at 6 % payable semi - annually is

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