Determine price plus accrued interest
The $20,000 8% bond, with interest payable on 8.15 matures on 8.15.14. If bond was bought on 8.15.2005 to yield 7%, determine price plus accrued interest.
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Several psychology students are unprepared for surprise true/false test with 15 questions, and all of their answers or guesses. Determine the mean and the standard deviation for the number of correct answers for such students.
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