Determine the market price-pays interest semiannually

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Determine the market price of a $300,000, ten-year, 10% (pays interest semiannually) bond issue sold to yield an effective rate of 12%.

Reference no: EM13746378

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Determine the market price-pays interest semiannually : Determine the market price of a $300,000, ten-year, 10% (pays interest semiannually) bond issue sold to yield an effective rate of 12%.
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