Price each of the following bonds: Par value $1,000, coupon rate 8%, semiannual payments, 10...
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Accounting
Price each of the following bonds:
Par value $1,000, coupon rate 8%, semiannual payments, 10 years to maturity and a 10% yield to maturity.
Par value $1,000, coupon rate 12%, monthly payments, 5 years to maturing and an 8% yield to maturity
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