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A bond with a face value of 1,000 USD that bears interest at 6% payable semi-annually will mature on August 01, 2022. What is the
A bond with a face value of 1,000 USD that bears interest at 6% payable semi-annually will mature on August 01, 2022.
What is the purchase price of the bond on April 17, 2020, including accrued interest?
Assume an interest yield of 5.4% compounded semi-annually.
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Computerized Accounting With Quickbooks 2018
Authors: James B. Rosa, Kathleen Villani
1st Edition
0763882674, 9780763882679
