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PPRUIT Ulauen Urllework Bar Score: 0 of 3 pts EF-4B (similar to) 7 of 716 complete > HW Score: 26.06%, 3.91 of 15 Question Help

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PPRUIT Ulauen Urllework Bar Score: 0 of 3 pts EF-4B (similar to) 7 of 716 complete > HW Score: 26.06%, 3.91 of 15 Question Help Barnwell Corp. purchased five $1,000 8% bonds of Simplex Corporation when the market rate of interest was 14%. Interest is paid semiannually and the bonds wil mature in four years Using the PV function in Excel.compute the price Barnwell paid (the present value) for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the recent Barwell paid on the bond investment PPRUIT Ulauen Urllework Bar Score: 0 of 3 pts EF-4B (similar to) 7 of 716 complete > HW Score: 26.06%, 3.91 of 15 Question Help Barnwell Corp. purchased five $1,000 8% bonds of Simplex Corporation when the market rate of interest was 14%. Interest is paid semiannually and the bonds wil mature in four years Using the PV function in Excel.compute the price Barnwell paid (the present value) for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the recent Barwell paid on the bond investment

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