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9. Washing Corporation's bonds have a 15-year maturity, a 5.00% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 4.75%,
9. Washing Corporation's bonds have a 15-year maturity, a 5.00% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 4.75%, based on semiannual compounding. What is the bonds price? a.1,160.25 b.1,026.60 c.1,032.05 d.1,146.27 e.1,174.93
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