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2. a) Compaq Company issued an 8%, 30 years bond at a par value of Tk. 6) 50,000.00. The floatation costs associate with bond issue

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2. a) Compaq Company issued an 8%, 30 years bond at a par value of Tk. 6) 50,000.00. The floatation costs associate with bond issue is 3% and the bonds are selling at a premium of 5%. Determine the Yield to Maturity' of the bond by using: a) Approximation Formula, and b) Interpolation Method

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