Find the actual and constant dollar amount if the market


A 10-year $1000 bond pays a nominal rate of 9% compounded semiannually. If the market interest rate is 12% compounded annually and the general inflation rate is 6% per year, find the actual and constant dollar amount (time = year zero) of the 16th interest payment on the bond

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Accounting Basics: Find the actual and constant dollar amount if the market
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