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I want to know answer A $25 000, 7% bond is purchased twelve years before maturity to yield 5% compounded semiannually. If the bond interest

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A $25 000, 7% bond is purchased twelve years before maturity to yield 5% compounded semiannually. If the bond interest is payable semiannually, what is the purchase price of the bond? $29,514.85 $27,971.54 $29,471.24 $29,741.54 None of the answers is correct

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