Four $5000 8.5% bonds with interest payable semi-annually, redeemable at par were bought 20 years before maturity
Question:
Find the gain or loss on the sale of the bonds without constructing a bond schedule.
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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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