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Try these/Homework: ind the purchase price five years before maturity if the market rate compounded semi- annually is 10% ne purchase price five years before

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Try these/Homework: ind the purchase price five years before maturity if the market rate compounded semi- annually is 10% ne purchase price five years before maturity if the market rate compounded semi- annually is 12% (2) Find the purchase price five years before maturity if the market rate compounded semi- annually is 8% Example 15.2A: book page 658-659) A $10000 bond is redeemable at par and bears interest at 10% compounded semi-annually. a) Find the purchase price ten years before maturity if the market rate compounded semi-annually is 10% b) Find the purchase price ten years before maturity if the market rate compounded semi-annually is 12% c) Find the purchase price ten years before maturity if the market rate compounded semi-annually is 8%

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