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assume that a 6 percent $500,000 bond with semiannual interest payments and a remaining life of 10 years could be purchased today, when market interest
assume that a 6 percent $500,000 bond with semiannual interest payments and a remaining life of 10 years could be purchased today, when market interest rates are 4.5 percent. How much would you have to buy the bond?
assume that a 6 percent $500,000 bond with semiannual interest payments and a remaining life of 10 years could be purchased today, when market interest rates are 4.5 percent. How much would you have to buy the bond?
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