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PLEASE HELP IM TAKING A TEST NEED ANSWER ASAP FIND THE PRICE OF THE FOLLOWING BONDS. INTEREST ACCRUES ANNUALLY. SHOW ALL YOUR WORK FACED VALUE
PLEASE HELP IM TAKING A TEST NEED ANSWER ASAP
FIND THE PRICE OF THE FOLLOWING BONDS. INTEREST ACCRUES ANNUALLY. SHOW ALL YOUR WORK
FACED VALUE = $1000
YIED= 1.25 %
TIME TO MATURITY = 4 YEARS
COUPON RATE = 5%
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