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2 Midland Oil has $ 1 , 0 0 0 par value bonds outstanding at 1 6 percent interest. The bonds will mature in 2
Midland Oil has $ par value bonds outstanding at percent interest. The bonds will mature in years. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.
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tableeBookBond Pricea percent,b percent,c percent,
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