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Check my wor 29 MC algo 7-38 Bond Pricing Whipple Corp.just issued 235,000 bonds with a coupon rate of 5.75 percent paid semiannually that mature
Check my wor 29 MC algo 7-38 Bond Pricing Whipple Corp.just issued 235,000 bonds with a coupon rate of 5.75 percent paid semiannually that mature in 20 years. The bonds have a YTM of 6.19 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.) 10 points eBook Multiple Choice Print $416.70 million Reterences $428.60 million $470.00 million $446.46 million $85721 million Check my w 30 MC algo 7-39 Bond Quotes 10 points A bond with a par value of $5,000 is quoted at 107.793. What is the dollar price of the bond? Multiple Choice eBook $5,425.58 Reterences $5,338.32 $5,358.85 $5,38965 $4,821.95
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