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  3. a $25,000 on 6% redeemable at par is purchased 11

A $25,000 on 6% redeemable at par is purchased 11 years before maturity to yield...

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Accounting

A $25,000 on 6% redeemable at par is purchased 11 years before maturity to yield 6.9% compounded semi annually. if the bond interest is payable semi annually what is teh purchase price of the bond?

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