If you issue $100,000 of 10% bonds with interest payable semiannually over the next 5 years, what

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If you issue $100,000 of 10% bonds with interest payable semiannually over the next 5 years, what is the market value of the bonds if the required market rate of interest is 12% annually? Assume that no payment of principal is made until maturity.

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Essentials Of Health Care Finance

ISBN: 9781284094633

8th Edition

Authors: William O. Cleverley, James O. Cleverley

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