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A 1 5 - year bond issue of 4 3 0 0 0 0 0 and bearing interest at 4 % payable annually is sold
A year bond issue of and bearing interest at payable annually is sold to yield compounded semiannually What is the issue price of the bonds?
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
