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What would you pay for a $70,000 debenture bond that matures in 12 years and pays $10,500 a year in interest if you wanted to
What would you pay for a $70,000 debenture bond that matures in 12 years and pays $10,500 a year in interest if you wanted to earn a yield of: (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Click here to view the factor table.
15%? Amount to pay $enter a dollar amount to pay ( )
17%? Amount to pay $enter a dollar amount to pay ( )
13%? Amount to pay $enter a dollar amount to pay ( )
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