The semiannual, 8-year bonds of Alto Music are selling at par and have an effective...
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Accounting
The semiannual, 8-year bonds of Alto Music are selling at par and have an effective annual yield of 8.6285 percent. What is the amount of each interest payment if the face value of the bonds is $1,000?
Is there a way to solve this with the finance calculator?
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You can see the logs in the Dashboard.