Business, 30.11.2020 18:10 Lilbre9444

A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond traded on this day was 98.45%. Determine the cost of bond at closing.

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A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond t...

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