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A 20-year 10% bond with a par value of N$10,000 is to be sold at a market rate of 8% per annum immediate after receiving
A 20-year 10% bond with a par value of N$10,000 is to be sold at a market rate of 8% per annum immediate after receiving 30th coupon. Determine the price of the bond. a. N$9,811.09 b. N$10,811.90 O C. N$11,811.09 d. N$10,811.09 e. N$10,811.99
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