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How do i determine the price of a $200,000 bond issue under each of the following independent assumptions. Also where can i find the present
How do i determine the price of a $200,000 bond issue under each
of the following independent assumptions. Also where can i find the present value tables??Please explain how you did it.
Maturity Interest PaidStated RateEffective Rate
(a)10 yearsAnnually 10%12%
(b)10 yearsSemiannually12%10%
(c)20 yearsSemiannually12%12%
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