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A $1000 bond, redeemable at par on October 1, 1985, is paying bond interest at 10% compounded semiannually. Find the purchase price on June 16,

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A $1000 bond, redeemable at par on October 1, 1985, is paying bond interest at 10% compounded semiannually. Find the purchase price on June 16, 1983 to yield 9% compounded semiannually. Select one: W O a. $1021.95 O b. $1109.41 . $1040.80 O d. $1224.50 a A bond has a face value of $1,000 and matures in ten years. The interest rate is 7% payable semi-annually. Find the purchase price if the bond is sold to yield 8% compounded semi-annually. Select one: O a. $960 O b. $902 O b O c. $932 O d. d. $740

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