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Suppose that on December 31, 2009, Procter & Gamble issued a bond with the following terms Face Value $12,000,000 Maturity 10 years Coupon Rate

Suppose that on December 31, 2009, Procter & Gamble issued a bond with the following terms Face Value $12,000,000 Maturity 10 years Coupon Rate (annualized) 10% Compounding Period Market interest rate (annualized) Answer the following questions for this bond Semi-annual 14%

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