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The semiannual, 12-year bonds of IBM are selling at par and have an annual yield of 4.6%. What is the amount of each interest payment
The semiannual, 12-year bonds of IBM are selling at par and have an annual yield of 4.6%. What is the amount of each interest payment if the face value of the bonds is $1,000? Select one: a. $23.50 b. $2.50 c. $23.27 d. $23.00 e. $22.75
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Management Policies In Local Government Finance
Authors: W. Bartley Hildreth, Justin Marlowe, John R. Bartle
6th Edition
0873267656, 978-0873267656
