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The bond was issued on 1/1/22 and has a 60,000 face value, a five-year life, quarterly interest paymeants, a contract rates of 12%, and an
The bond was issued on 1/1/22 and has a 60,000 face value, a five-year life, quarterly interest paymeants, a contract rates of 12%, and an effective interest rate of 14%.
I need calcutions for this.
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