Business
Business, 30.07.2021 01:20, dread0

M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 11.28% with bond interest payable semiannually. Six years ago, $979 was paid for the bond. At least a 12% return (yield) on the investment is desired. The minimum selling price must be: Enter your answer as follow: 1234.56

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Answers: 3

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M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of...

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