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What is the market price of a $500,000, ten-year, 12% bond issue sold to yield an effective rate of 10% if interest is paid semiannually?
What is the market price of a $500,000, ten-year, 12% bond issue sold to yield an effective rate of 10% if interest is paid semiannually? Simple interest on a $25,000,8%, 18-month note is Group of answer choices $2,500 $1,200 $3,000 $2,000
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