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The 6 percent, semi-annual bonds issued by Black Water Mills mature in 9 years and have a face value of $3,800. What is the current
The 6 percent, semi-annual bonds issued by Black Water Mills mature in 9 years and have a face value of $3,800. What is the current value of one of these bonds if the market rate of return is 12.7 percent? Multiple Choice :54 d $2,457.16 K $2,459.38 aces $2,459.69 $2,455.72
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