Find out purchase price to gain thirteen percent compounded

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Q. The unemployment rate in an economy is 8 percent. The total population of the economy is 250 million and the size of the civilian labor force is 150 million. The number of employed workers in this economy is?

Q. Labuan Corporation issues a twenty-year, RM1000 bond with coupons at twelve percent compounded semiannually. The bond will be redeemed, at par, after fifteen years. Find out the purchase price to gain thirteen percent compounded semiannually.

Reference no: EM1349080

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