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One day when my granny was out at her chemo session at the hospital, I...

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Finance

One day when my granny was out at her chemo session at the hospital, I searched her house looking for cash to pay for my unspeakable habits. I didn't find any cash but I did find a beautiful bond certificate. I could see that the bond was at 10%, for ten years payable monthly and the face value of the bond was $75000, The yield is 8% compounded annually. I could tell that the coupon payments were to pay for her chemo, so, although sorely tempted, I didn't steal the bond. How much did crafty old granny pay for this bond? And could there be more where this came from? Two decimal places.
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