A 2 5 - year bond issue of 5 4 0 0 0 0 0 and bearing
Fantastic news! We've Found the answer you've been seeking!
Question:
A year bond issue of and bearing interest at payable annually is sold to yield compounded semi annually. What is the issue price of the bonds?Part The purchase price of the bond is $ Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
Posted Date: