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determine the price of a $1000000 bond issue under each of the following independent assumptions: 1. 10 years, annual interest paid, 10% stated rate, 12%
determine the price of a $1000000 bond issue under each of the following independent assumptions:
1. 10 years, annual interest paid, 10% stated rate, 12% effective market rate. 2. 10 years, semiannual interest paid, 10%stated rate, 12% effective market rate. 3. 10 years, semiannual interest paid, 12%stated rate, 10% effective market rate. 4. 20 years, semiannual interest paid, 12%stated rate, 10% effective market rate. 5. 20 years, semiannual interest paid, 12% stated rate, 12% effective market rate.
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