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ke: 0 of 11 11 of 21 (10 complete) HW Score: 297,8.25 or 2 pis oblem 5-52 (similar to) Question Help Present value) The Kumar
ke: 0 of 11 11 of 21 (10 complete) HW Score: 297,8.25 or 2 pis oblem 5-52 (similar to) Question Help Present value) The Kumar Corporation is planning on suing bonds that pay no interest but can be converted into 54,000 at maturity, 20 years from their purchase. To price these bonds competitively with other bonds of equal risk in determined that they should yield percent. compounded annually. At what price should the Kumar Corporation sall these bonds? Kumar Corporation should sell there bonds at Round to the nearest cent) 2 I o 7 B E T R w Q Y 4 A S D F G
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