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Vishnucorp is working on a way to deliver UV light inside the body to combat the coronavirus. Their $1000 face value bonds pay a
Vishnucorp is working on a way to deliver UV light inside the body to combat the coronavirus. Their $1000 face value bonds pay a semi annual coupon of $28 every six months and will mature in 25 years. What is the price of the bonds if they yield j2= 3.5%.
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Financial Accounting an introduction to concepts, methods and uses
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