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A $100,000 Nova Scotia Power Corporation bond with a coupon rate of 11.25% payable semi-annually matures on April 27, 2014. It was sold on February
A $100,000 Nova Scotia Power Corporation bond with a coupon rate of 11.25% payable semi-annually matures on April 27, 2014. It was sold on February 27, 2006, when market rates were 4.09% payable semi-annually.
Calculate the following:
Market Value
Accrued Interest
Cash Price
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Advances In Accounting Volume 23
Authors: Philip M J Reckers
1st Edition
0762314257, 9780762314256
