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1. Assume that 5% $100,000 bond with semi-annual interest payments and a remaining life of 20 years could be purchased today, when market interest rates are 6%. How much would you have to pay to buy the bond?

2. The following data depict the length of delay in discharging 18 older patients to a long-term care facility: 5,3,4,1,2,6,7,4,8,10,3,5,3,5, 4,6,7,9

Use Excel to find the mean, the mode, the median, the standard deviation, the range, the coefficient of skewness, the 3rd quartile, the 6th decile, and the 25th percentile.

Financial Management, Finance

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