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sacha sadou & 10/3121455 PM Save 3 Homework: Cha... * Question 7, EF-4B (simil... HW Score: 64.67%, 9.7 of 15 points O Points: 0 of
sacha sadou & 10/3121455 PM Save 3 Homework: Cha... * Question 7, EF-4B (simil... HW Score: 64.67%, 9.7 of 15 points O Points: 0 of 3 Barnwell Corp. purchased fifteen $1,000 4% bonds of Galvan Corporation when the market rate of interest was 10% Interest is paid somiarowaty and the band w mature in eight years Using the PV function in Excel compute the price Barwell paid (the present value) for the bond investiment. Assume that all payments of internal and principals at the end of the period. Round your answer to the nearest cont) Barnwell paid on the bond investment
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