You are considering purchasing bonds issued by the farrier


You are considering purchasing bonds issued by the Farrier Forges. The issue matures in 6 years, has a 2 5/8% coupon. You want to earn at least 3.80% and the most you would be willing to pay for $25,000 face value would be closest to. Please show all steps in financial calculator

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Financial Management: You are considering purchasing bonds issued by the farrier
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