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A bond that matures in 7 years offers an annual coupon rate of 7% paid semi annually. At a market discount rate of 3%, the
A bond that matures in 7 years offers an annual coupon rate of 7% paid semi annually. At a market discount rate of 3%, the price of this bond per 100 of par value is closest to: 112.54 143.9 106.6 Step by Step Solution
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
