Question: need solution and formula please Gluck thy work What price should be paid for a $5000 face value strip bond with 19.5 years remaining to

need solution and formula please Gluck thy work What price should

need solution and formula please

Gluck thy work What price should be paid for a $5000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 6.1% compounded semiannually? (Do not round the intermediate calculations. Round your answer to the nearest cent.) Price $

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What price should be paid for a $5000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 6.1% compounded semiannually?

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