An interest rate profit of 8% compounded semiannually

Reference no: EM13552773

How much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is going to be paid (maturity) in 5 years. The buyer wants to have an interest rate profit of 8% compounded semiannually

Reference no: EM13552773

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