A $60,000 bond with a coupon rate of 5.00%, payable
semi-annually, is redeemable in 10.5 years....
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A $60,000 bond with a coupon rate of 5.00%, payablesemi-annually, is redeemable in 10.5 years. What was the purchaseprice of the bond, when the yield rate was 5.50% compoundedsemi-annually?
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3.6 Ratings (427 Votes)
Here Im using compound interest of semi
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