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A $15,000 20-year bond with 8% annual is redeemable at par. If the effective annual yield rate is 6%, calculate the flat price of the

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A $15,000 20-year bond with 8% annual is redeemable at par. If the effective annual yield rate is 6%, calculate the flat price of the bond if it is sold 3 years and 5 months after issue. Use the theoretical method and give your answer to two digits after the decimal

A $15.000 20-year bond with 8% annual is redeemable at par. If the effective annual yield rate is 6%, calculate the flat price of the bond if is sold 3 years and 5 months after issue. Use the theoretical method and give your answer to two digits after the decimal

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