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  3. calculate the sale price for the following bond. t

Calculate the sale price for the following bond. The bond matures 6 years from now...

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Accounting

  1. Calculate the sale price for the following bond. The bond matures 6 years from now and has a face value of $100,000. The effective interest rate on the bond is 6%. The bond has a stated interest rate of 9%. Interest payments are semiannual.

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