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Business, 25.03.2020 00:14 bvaughn5915

A 20000 par value bond matures on january 1, 2020. The bond pays coupons at the annual rate of 7%, payable semiannually. The nomial annual yield to maturity is 10% compounded semiannually. Find the price of the bond on August 25, 2005.

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A 20000 par value bond matures on january 1, 2020. The bond pays coupons at the annual rate of 7%, p...
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