Xeroz issed bonds that pay 7750 in interest each year and, Ask an Expert

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Xeroz issed bonds that pay $77.50 in interest each year and will maturein 9 years. You are thinking about purchasing the bonds. You have decided that you would need to recieve a return of 7 percent on your investmeny. What is the value of the bond to you, first assuming that interest is paid annually and then semiannually?

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Financial Management, Finance

Category:- Financial Management
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