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Whatis the present value of $700,000 12- year bond with annual interestpayments of $56000 ( contract rate of 8%) assuming an effectiverate of 10%? 2

Whatis the present value of $700,000 12- year bond with annual interestpayments of $56000 ( contract rate of 8%) assuming an effectiverate of 10%? 2 answers

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