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using financial calculator Moerdyk Corporation's bonds have a 15 -year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate

using financial calculator
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Moerdyk Corporation's bonds have a 15 -year maturity, a 7.25\% semiannual coupon, and a par value of $1,000. The going interest rate (ra) is 500% bascd on semiannual compounding. What is the bond's price

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