Question: QUESTIONS 5 A corporation issues a 5 - year , $ 9,920 par value bond with semiannual coupons at 6 % per annum . Find
QUESTIONS 5
A corporation issues a 5 - year , $ 9,920 par value bond with semiannual coupons at 6 % per annum . Find the price to yield 9 % per annum compounded semiannually . Enter your answer to the nearest dollar . Do not enter the $ sign . Sample input : 24977
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