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please show all written work, explanation, and equations show calculations 3. (10 points). Nagel Equipment 's bonds have a 15-year maturity, a 7.25% semiannual coupon,

please show all written work, explanation, and equations

show calculations

3. (10 points). Nagel Equipment 's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (ra) is 5.00%, based on semiannual compounding. What is the bond's price

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