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304 Chapter 6 Accounting and the Time Value of Money EG-7 (LOS) (Computation of Bond Prices) What would you pay for a $100,000 debenture bond

304 Chapter 6 Accounting and the Time Value of Money EG-7 (LOS) (Computation of Bond Prices) What would you pay for a $100,000 debenture bond that matures in 15 years and pays $5,000 a year in interest if you wanted to earn a yield of (a) 4%? (b) 5%? (c) 6%? a suner salesman sontemplating retirement

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