Question
A $8000 bond that pays 6% semi-annually is redeemable at par in 18 years. Calculate the purchase price if it is sold to yield 8%
A $8000 bond that pays 6% semi-annually is redeemable at par in 18 years. Calculate the purchase price if it is sold to yield 8% compounded semi-annually.
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
