Solution-Coupon paid once every six months

Coupon paid once every six months

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At what price should you purchase a $10,000 (6% APR coupon paid once every six months) bond today, if it matures in 8 and 1/2 years, and you want to make 8% APR on your investment?

Reference no: EM131399219

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Coupon paid once every six months : At what price should you purchase a $10,000 (6% APR coupon paid once every six months) bond today, if it matures in 8 and 1/2 years, and you want to make 8% APR on your investment?

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Coupon paid once every six months

Reference no: EM131399219

Reference no: EM131399219

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