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Previous Page Next Page Page 6 of 6 Question 6 (5 points) Saved A $8,000 bond paying interest at 3% compounded semi-annually is redeemable on

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Previous Page Next Page Page 6 of 6 Question 6 (5 points) Saved A $8,000 bond paying interest at 3% compounded semi-annually is redeemable on May 1, 2026. The bond is purchased on Sept. 8, 2014 to yield 5% compounded semi-annually. Calculate the purchase price. D o - Paragraph B 1 U - Purchase Date: Redemption Date: 4 Review.pat

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