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Quick Pace Inc. has a bond that pays 4.75% interest semi-annually. If the bond matures in 7 years, what is the market value of a
- Quick Pace Inc. has a bond that pays 4.75% interest semi-annually. If the bond matures in 7 years, what is the market value of a $100,000 par value bond with a yield to maturity of 5%? Round your answer to the nearest dollar.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
