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Business, 09.12.2019 23:31 challenggirl

Moerdyk corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. the going interest rate (rd) is 5.00%, based on semiannual compounding. what is the bond's price?

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Moerdyk corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $...

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