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7-A 25-year, $10,000 strip bond was issued at a market rate of 9.4% compounded semi-annually. What was the issue price? 8-If the inflation rate for

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7-A 25-year, $10,000 strip bond was issued at a market rate of 9.4% compounded semi-annually. What was the issue price? 8-If the inflation rate for the next 20 years is 5% per year, what hourly rate of pay in 20 years will be equivalent to $12 per hour today

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