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A 10-year, 7%, $3,500 bond (cash interest payable 3.5% semiannually) is sold to yield 6% interest. Compute the bond selling price. Note : Round your
A 10-year, 7%, $3,500 bond (cash interest payable 3.5% semiannually) is sold to yield 6% interest. Compute the bond selling price.
Note: Round your answer to the nearest whole dollar.
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Auditing Principles Techniques And Practices
Authors: Mustaq Ahmad, Mohd Ashraf Ali
1st Edition
8184841949, 978-8184841947
