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On February 1 , 2 0 1 3 , Salim Inc. issued 6 - year, $ 4 . 0 million bonds with a coupon rate
On February Salim Inc. issued year, $ million bonds with a coupon rate of Interest on similar risk investments earns compounded semiannually. The bonds pay coupons semiannually on August and February each year. What is the issue price of the bond on Feb
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