A 25-year bond issue of $5000 000 and bearing interest at 4.25% payable annually is sold to
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FV 5 00000000 PMT 5 000 0000000425 212 50000 i 2...View the full answer
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Related Book For 
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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