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How much should an investor be willing to payr now for 10%. P ED. DDD bond that will mature in 25 years and pays interest

How much should an investor be willing to payr now for 10%. P ED. DDD bond that will mature in 25 years and pays interest semiannually, if it wants to mal-te 12% nominal interest compounded semiannually on a bond investment. Given: Solution

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