Question
A $15,000, 2.5% bond is purchased six years and six months before maturity to yield 3% semi-annually. If the bond interest is payable semi-annually, what
A $15,000, 2.5% bond is purchased six years and six months before maturity to yield 3% semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond?
i need an answer by using the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible
please tell me in this que TI BA II calculator will apply or not?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
