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The simple interest in a loan of $200 at 10 percent interest per year is
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The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?
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Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price
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