A $16,000 , 6% bond redeemable at par on oct 13, 2025 purchased on oct 4, 2021.

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A $16,000 , 6% bond redeemable at par on oct 13, 2025 purchased on oct 4, 2021. Interest is payable semi-annually and the yield is 3.2% compounded semi-annually. Calculate the cash price

Posted Date: Jun 05, 2024 04:01 PM

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A $16,000 , 6% bond redeemable at par on oct 13, 2025 purchased on oct 4, 2021.

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