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Multiple Choice $838 $1,619 $793 $1,000 An investor purchases a 15year,$1,000 par value bond that pays semiannual interest of $45. If the semiannual market rate
Multiple Choice
$838
$1,619
$793
$1,000
An investor purchases a 15year,$1,000 par value bond that pays semiannual interest of $45. If the semiannual market rate of interest is 6%, what is the current market value of the bond? Note: Use tables, Excel, or a financial calculator. ( FV of $1,PV of $1, FVA of $1, PVA of $1,FVAD of $1 and PVAD of $1 )Step by Step Solution
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
