Haswell Enterprises' bonds have a 14-year maturity, a 9% coupon, and a par value of...
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Finance
Haswell Enterprises' bonds have a 14-year maturity, a 9% coupon, and a par value of S1.000. The going interest rate (rd) Is 10%. Assuming semiannual compounding, what is the bond's price?
Note: PLEASE show me the simplified steps to acquire the answer using a TI-36x Pro calculator if possible. NO EXCEL/FINANCIAL CALCULATORS. Thanks so much.
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