Pinder Co issues a 10-year 8.0% p.a. semi-annual coupon bond with a face value of $1,000. The

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Pinder Co issues a 10-year 8.0% p.a. semi-annual coupon bond with a face value of $1,000. The effective annual bond yield is 5.0% at issue. What is the bond price at issue? (Round to the nearest two d...

Posted Date: May 25, 2024 02:08 AM

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Pinder Co issues a 10-year 8.0% p.a. semi-annual coupon bond with a face value of $1,000. The

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