E6-7 (L05) (Computation of Bond Prices) What would you pay for a $100,000 debenture bond that matures
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E6-7 (L05) (Computation of Bond Prices) What would you pay for a $100,000 debenture bond that matures in 15 years and pays $5,000 a year in interest if you wanted to earn a yield of:
(a) 4%?
(b) 5%?
(c) 6%?
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