Provide an explanation of the difference between, Financial Management

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Provide an explanation of the difference between

1. Provide an explanation of the difference between proportional and progressive taxes. How are they used? Provide examples of each type.

2. You are considering a 30-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. If you require an "effective" annual interest rate (not a nominal rate) of 8.09%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent.?

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Financial Management: Provide an explanation of the difference between

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Financial Management: Provide an explanation of the difference between

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