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What is the purchase price of the bond on august

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Problem 1: A savings bond with a face value of $1000 bearing interest at 6thAug 18, 2020 à Dec 12, 2023 = % payable semi-annually matures December 12, 2023. What is the purchase price of the bond on August 18, 2020 to yield 7% compounded semi-annually?

Reference no: EM132968380

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