Computing Issue Price for Zero Coupon Bonds Underwood Inc. issues $210,000 of zero coupon bonds...
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Computing Issue Price for Zero Coupon Bonds Underwood Inc. issues $210,000 of zero coupon bonds that mature in 10 years. Compute the bond issue price assuming that the bonds market rate is: Note: Round your answers to the nearest whole dollar.
a. 8% per year compounded semiannually. $Answer
b. 10% per year compounded semiannually.
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