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bond m n=20 fv=20000 compounded annually o payment for first six years 1100 every year for eight years 1400 every year for six years kd=9%
bond m
n=20
fv=20000
compounded annually
o payment for first six years
1100 every year for eight years
1400 every year for six years
kd=9%
what is the current price of bond?
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