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A $ 1 , 0 0 0 par value bond has 7 . 5 % semiannual coupons and matures on July 1 , 2 0
A $ par value bond has semiannual coupons and matures on July
at $ Find the actual selling price of this bond on November and the
price that would be quoted in a financial newspaper on on November
based on a nominal annual yield rate of compounded semiannually. Use the
actual number of days to compute the accrued interest.
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