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A $25 000, 10% bond redeemable at par on December 1, 2025, ispurchased on September 25, 2014, to yield 7.6% compoundedsemi-annually. Bond interest is payable

A $25 000, 10% bond redeemable at par on December 1, 2025, ispurchased on September 25, 2014, to yield 7.6% compoundedsemi-annually. Bond interest is payable semi-annually.What is the Market Price? 1 answer

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