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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determine the market price of a 1500000 12-year 9 pays interest semiannually bond issue sold to yield an effective rate
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