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Six $5,000, 9% bonds redeemable at 103 with semi- annual coupans bought eleven years before maturity to yeild 8% compounded semi- annually are sold four
Six $5,000, 9% bonds redeemable at 103 with semi- annual coupans bought eleven years before maturity to yeild 8% compounded semi- annually are sold four years before maturity at 9.25. Find gain or loss on sales of the bonds.
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2001 Miller Local Government Audits
Authors: Rhett D. Harrell
1st Edition
015607219X, 978-0156072199
