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What would you pay for a $190,000 debenture bond that matures in 15years and pays $9,500 a year in interest if you wanted to earn
What would you pay for a $190,000 debenture bond that matures in 15years and pays $9,500 a year in interest if you wanted to earn a yield of:
A. 4% B. 5% C. 6%
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
10th Edition
0273703641, 978-0273703648
