Heww inc issued a 50000 10 year bond with a stated interest
Heww Inc., issued a $50,000, 10 year bond with a stated interest rate of 6%. Assume interest payments are made semi-annually. What is the selling price of the bond if the market rate of interest is 5%? (Round to the nearest dollar.)
Now Priced at $10 (50% Discount)
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heww inc issued a 50000 10 year bond with a stated interest rate of 6 assume interest payments are made semi-annually
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