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If money is worth 8 percent compounded semiannually, how much is a bond maturing in six years with a face value of $30,000 and a
If money is worth 8 percent compounded semiannually, how much is a bond maturing in six years with a face value of $30,000 and a coupon rate of 9 percent worth today? Click the icon to view the table of compound interest factors for discrete compounding periods when i = 8%. The bond is worth $. (Round to the nearest cent as needed.)
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