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A $1000 par value bond will mature in 10 years. This bond has a coupon rate of 8% and pays semiannually. If the market interest
- A $1000 par value bond will mature in 10 years. This bond has a coupon rate of 8% and pays semiannually. If the market interest rate is 7% percent, what is the current price of the bond?
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Payroll Accounting 2016
Authors: Bernard J. Bieg, Judith Toland
26th edition
978-1305665910, 1305665910, 1337072648, 978-1337072649
