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Greshak Corp wishes to float a bond that pays interest at a rate of 5 . 7 5 % semi - annually. The par value
Greshak Corp wishes to float a bond that pays interest at a rate of semiannually. The par value of the bond is $ and its term is fourteen years. If the current yield to maturity ie the current market discount rate of that bond is what is the current fair market value of that bond? Please show either the financial calculator buttons or excel function that you use as well as the answer
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