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Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 7%, based
Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 7%, based on semiannual compounding. What is the bond's price? Select the correct answer. a. $943.81 O b. $940.92 C. $949.59 O d. $946.70 e. $952.48
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