The semiannual 8-year bonds of alto music are selling at
The semiannual, 8-year bonds of Alto Music are selling at par and have an effective annual yield of 8.6285 percent. What is the amount of each interest payment if the face value of the bonds is $1,000? Format to 6 decimal places.
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the semiannual 8-year bonds of alto music are selling at par and have an effective annual yield of 86285 percent what
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