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(1 point) (Exercise 6.2) A 30-year accumulation bond with an initial par value of $1000 earns interest of 7% compounded semiannually. Find the price to

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(1 point) (Exercise 6.2) A 30-year accumulation bond with an initial par value of $1000 earns interest of 7% compounded semiannually. Find the price to yield an investor 9% effective. ANSWER = $ 793.62

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