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Determine the price of a $1 million bond issue under each of the following independent assumptions: 1. Maturity 10 years, Interest paid annually, stated rate

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Determine the price of a $1 million bond issue under each of the following independent assumptions: 1. Maturity 10 years, Interest paid annually, stated rate 10%, effective (market) rate 12%. 2. Maturity 10 years, Interest paid semlannually, stated rate 10%, effective (market) rate 12% 3. Maturity 10 years, Interest pald semlannually, stated rate 12%, effectlve (market) rate 10%. 4. Maturity 20 years, Interest pald semlannually, stated rate 12%, effective (market) rate 10%. 5. Maturity 20 years, Interest pald semlannually, stated rate 12%, effective (market) rate 12%

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