Determine the price of a bond issue

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Question - Determine the price of a $300,000 bond issue under each of the following three independent assumptions:

Assumption

Maturity

Interest Paid

Stated Interested Rate

Effective (or Market) Interest Rate

1

10 years

annually

7%

12%

2

10 years

semiannually

8%

12%

3

20 years

semiannually

10%

12%

Reference no: EM132228885

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