Question
Andrews wants to retire the following bond early: Series - 10.4S2033 Face - $6,000,000 Yield - 11.7% Close - $88.59 Assuming no brokerage fees, calculate
Andrews wants to retire the following bond early: Series - 10.4S2033 Face - $6,000,000 Yield - 11.7% Close - $88.59 Assuming no brokerage fees, calculate the amount of cash needed to retire the bond. -$684,680 -$5,315,320 -$6,000,000
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
