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Calculate the price of the 6% bonds that pay interest semi-annually with a face value of $100,000 if the market interest rate is 8%.

Calculate the price of the 6% bonds that pay interest semi-annually with a face value of $100,000 if the market interest rate is 8%.

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To calculate the price of the bonds we need to use the present value formula which is PV C ... blur-text-image

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