2. Bond Selling Price. What is the market price of a $1000, 8 percent bond if comparable...

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2. Bond Selling Price. What is the market price of a

$1000, 8 percent bond if comparable market interest rates drop to 6.0 percent and the bond matures in 15 years?

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Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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