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12 Calculate the purchase price of the $1000 face value of the bond. (Assume that the face value is $1000, that bond interest is paid
12 Calculate the purchase price of the $1000 face value of the bond. (Assume that the face value is $1000, that bond interest is paid semiannually, that the bond was originally issued at its face value, that the bond is redeemed at their face value maturity and that the market rate of return is compounded semiannually.) Issue Market Purchase Maturity Date Coupon Rate(%) Rate (95) Date Date Sept 20, 2005 6.2 Sept 20, 2000 Sept 20, 2010
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