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Bond calculation, accounting, Basic Statistics
Calculate the original price of the bond. Bonds were issued at $200,000 of x% ten-year term bond at an effective annual interest rate (market rate) of x%. The bonds pay interest semi-annually on June 30 and December 31. legend: Stated Rate - 6%, Market Rate 8%
Posted Date: 2/25/2012 6:14:18 PM | Location : United States
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