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You are called in as a financial analyst to appraise the bonds of Olsen s Clothing Stores. The $ 1 , 0 0 0 par
You are called in as a financial analyst to appraise the bonds of Olsens Clothing Stores. The $ par value bonds have a quoted annual interest rate of percent, which is paid semiannually. The yield to maturity on the bonds is percent annual interest. There are years to maturity. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.
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