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Determine the price of a $1.7 million bond issue under each ofthe following independent assumptions:Maturity 12 years, interest paid semiannually, statedrate 10%, effective (market) rate

Determine the price of a $1.7 million bond issue under each ofthe following independent assumptions:Maturity 12 years, interest paid semiannually, statedrate 10%, effective (market) rate 12%.Matu 2 answers

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