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Calculate the price of a bond originally issued six years ago that pays semiannual interest at the rate of 10 percent and matures in ten

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Calculate the price of a bond originally issued six years ago that pays semiannual interest at the rate of 10 percent and matures in ten years at $3,000. The market currently requires an 8 percent return for a bond of this risk. (Use a Financial calculator to orrive ot the answers. Do not round intermediate calculations, Round the final onswer to 2 decimal places.) Price of a bond Calculate the price of a bond originally issued six years ago that pays semiannual interest at the rate of 10 percent and matures in ten years at $3,000. The market currently requires an 8 percent return for a bond of this risk. (Use a Financial calculator to orrive ot the answers. Do not round intermediate calculations, Round the final onswer to 2 decimal places.) Price of a bond

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