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What is the present value of a $600,000 10-year Bond with annual interest payments of $54,000 (contract rate of 9%) assuming an effective rate of
What is the present value of a $600,000 10-year Bond with annual interest payments of $54,000 (contract rate of 9%) assuming an effective rate of 10%?
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
