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a bond with a par of 70,000 and a life of 10 years pays 12% interest (semiannually). The market rate of interest, however, is 10%.
a bond with a par of 70,000 and a life of 10 years pays 12% interest (semiannually). The market rate of interest, however, is 10%. determind the selling price of the bond?
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Principles Of Cost Accounting
Authors: Robert E. Schmiedicke, Edward J. Vanderbeck
11th Edition
0538873426, 978-0538873420
