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MANUAL COMPUTATION PLEASE ANSWER ASAP What is the purchase price of a bond that has 4 years and 6 months until it matures? The face
MANUAL COMPUTATION PLEASE ANSWER ASAP
What is the purchase price of a bond that has 4 years and 6 months until it matures? The face value of the bond is $3,000 and the bond rate is 5.2% payable semi annually.
a. 3273.70
b. 2740.53
c. 3327.15
d. 3846.09
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