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v A $100,000, 8% bond with interest payable semi-annually is redeemable in 6 years. What is the purchase price to yield 9% compounded semi-annually? Select
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A $100,000, 8% bond with interest payable semi-annually is redeemable in 6 years. What is the purchase price to yield 9% compounded semi-annually? Select one: O a. $96,470.91 O b. $98,704.19 O c. $95,440.71 O d. $95,846.53 e. $94,470.19 Clear my choice Step by Step Solution
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