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Discussion :: Engineering Economics

  1. A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.

    2. A.

     P 1,122.70
    B.

     P 1,144.81
    C.

     P 1,133.78
    D.

     P 1,155.06

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    Answer : Option B

    Explanation :

    Explanation Not Provided

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