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I Need help please fast Determine the market price of a $615,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate
I Need help please fast
Determine the market price of a $615,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate of 10%. (Round factor values to 5 decimal places, e.g. 1.25125 and final answer to 0 decimal places, e.g. 458,582.) Click here to view factor tables Market price of bond issue $ Step by Step Solution
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