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Solve the bond problem. What is the purchase price of 10 QRS Corporation bond with a coupon rate of 8% and a current market price
Solve the bond problem. What is the purchase price of 10 QRS Corporation bond with a coupon rate of 8% and a current market price of P 900 000? The par value of the bond is P 100 000. The commission charge is P 800 per bond. The date of the transaction is 1 April, and the bond pays interest every 1 January and 1 July
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