Determine the market price of a 1500000 12-year 9 pays


Determine the market price of a $1,500,000, 12-year, 9% (pays interest semiannually) bond issue sold to yield an effective rate of 8%. Also, determine the amount of any possible bond premium or discount.

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Financial Accounting: Determine the market price of a 1500000 12-year 9 pays
Reference No:- TGS01687519

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