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What is the gain or loss on a $15,000 bond sold at 199.5 to yield 11%, compounded semi-annually, with 12% semi-annual coupons redeemable at 113
What is the gain or loss on a $15,000 bond sold at 199.5 to yield 11%, compounded semi-annually, with 12% semi-annual coupons redeemable at 113 in 3 years?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
