New university plans to issue a 100000 dollar bond. the, Ask an Expert

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problem: New University plans to issue a 100,000 dollar bond. The money is to buy computer projection units for classrooms. The bond matures in ten years, & it makes semiannual interest payments. The stated interest rate is 8%, but rates have risen to 10% in the market. Determine how much will the university receive when it issues the bond?

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Category:- Basic Finance
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