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Business, 27.07.2021 01:00 umarhaley

10 years with a stated interest rate of 11% and a face value of $500,000. Interest payments are made semi-annually. The market rate for this type of bond is 12%. Using present value tables, calculate the issue price of the bonds

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10 years with a stated interest rate of 11% and a face value of $500,000. Interest payments are made...

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