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Mathematics, 14.08.2021 17:20 jesh0975556

Midland Oil has $1,000 par value bonds outstanding at 11% interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is 6%.

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Midland Oil has $1,000 par value bonds outstanding at 11% interest. The bonds will mature in 20 year...
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