17. On July 1, 2009 a semi-annual $800,000 with a coupon rate of 10% had...
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17. On July 1, 2009 a semi-annual $800,000 with a coupon rate of 10% had a Net book value of $750,000. On December 31, 2009 the net book value was $755,000. The discount rate on this bond must be: a) 6% b) 12% c) 10% d) 14% e) none of these rates
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