Question: MA2024- Business Maths 2 Question 7 (8 marks) A $5000 bond bearing interest at 6.5% payable semi-annually matures in ten years. If it is brought

MA2024- Business Maths 2

Question 7 (8 marks) A $5000 bond bearing interest at 6.5% payable semi-annually matures in ten years. If it is brought to yield 5.8% compounded semi-annually, what is the purchase price of the bond

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