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Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of S1 000. The going interest rate rd is 8.75%,
Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of S1 000. The going interest rate rd is 8.75%, based on semiannual compounding. What is the bond's price? Select the correct answer. a. $827.87 b. $835.63 C. $843.39 d. $839.51 e. $831.75
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