A 7 0 0 par value five - year 1 0 % bond with semiannual coupons is

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Question:

700

par value five

-

year

10 %

bond with semiannual coupons is purchased for

670.60 .

The present value of the redemption value is

372.05 .

Calculate the redemption value?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 03, 2024 03:27 PM

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A 7 0 0 par value five - year 1 0 % bond with semiannual coupons is

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how to calculate the redemption value of the bond 1 Define the variables Par value ... View the full answer

Income Tax Fundamentals 2013

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