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  3. a $2,000,5.5% bond is purchased six years before m

A $2,000,5.5% bond is purchased six years before maturity to yield 7.5% semi-annually. If the...

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Accounting

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A $2,000,5.5% bond is purchased six years before maturity to yield 7.5% semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond

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