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??????? 1. A bond just purchased pays annual interest of 10 percent. In seven years, matures at its face value of ( $ 25,000 ).
??????? 1. A bond just purchased pays annual interest of 10 percent. In seven years, matures at its face value of \( \$ 25,000 \). What price was paid if current yields on a bond of this risk are \( 8.5 \) pe 2 answers
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