focus company issued a 30000 20 year bond with a
Focus Company issued a $30,000, 20 year bond with a stated interest rate of 7%. Assume interest payments are made annually. What is the selling price of the bond if the market rate of interest is 7%?
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focus company issued a 30000 20 year bond with a stated interest rate of 7 assume interest payments are made annually what is the selling price of
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