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Business, 19.08.2019 22:20 smithsa10630

Nunavet ocean cruises sold an issue of 12-year $1,000 par bonds to build new ships. the bonds pay 4.85% interest, semi-annually. today's required rate of return is 9.7%. how much should these bonds sell for today? round off to the nearest $1.

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Nunavet ocean cruises sold an issue of 12-year $1,000 par bonds to build new ships. the bonds pay 4....

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