bonds

| December 10, 2015
Marty’s bonds have a 15-year maturity, a 7% semiannual coupon, and a par value of $1,000. The going interest rate is 6%, based on semiannual compounding. What is the bond�s price? (Points : 4) $1,008.65 $1,024.67 $1,051.34 $1,098.00 $1,105.78

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bonds
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Category: Finance

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