E6-7B (Computation of Bond Prices) What would you pay for a $500,000 debenture bond that matures in 20 years and pays $50,000 a year in interest if you wanted to earn a yield of:
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E6-7B (Computation of Bond Prices) What would you pay for a $500,000 debenture bond that matures
in 20 years and pays $50,000 a year in interest if you wanted to earn a yield of:
(a) 8%? (b) 10%? (c) 12%?
13 years ago
correct answer
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