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A bond that has a face value of $1,000 and coupon rate of 3.40% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase
A bond that has a face value of $1,000 and coupon rate of 3.40% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 3.65% compounded semi-annually. Round to the nearest cent
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Ecological Money And Finance
Authors: Thomas Lagoarde-Segot
1st Edition
3031142314, 978-3031142314
