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1. A $2500 bond pays interest at j= 8% is redeemable at par at the end of 5 years. Determine the purchase price to yield

1. A $2500 bond pays interest at j= 8% is redeemable at par at the end of 5 years. Determine the purchase price to yield an investor 6% compounded semi-annually. 70/1
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1. A $2500 bond pays interest at j2=8% is redeemable at par at the end of 5 years. Determine the purchase price to yield an investor 6% compounded semi-annually

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