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ANSWER ASAP! XOSO inc, issued a bond with a Face Value of $39,000, with a stated interest rate of 12% annually paid bimonthly. The maturation
ANSWER ASAP!
XOSO inc, issued a bond with a Face Value of $39,000, with a stated interest rate of 12% annually paid bimonthly. The maturation time for the bond is 5 years from the date of issue. How much should be paid for the bond if the yield rate is 18% compounded bimonthly?
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