question archive A P75,000, at 11% bond pays coupon semiannually redeemable at P90,000 on January 13, 2017 is bought on January 13, 2011 to earn interest 13% compounded semiannually
A P75,000, at 11% bond pays coupon semiannually redeemable at P90,000 on January 13, 2017 is bought on January 13, 2011 to earn interest 13% compounded semiannually
Subject:FinancePrice:2.86 Bought8
A P75,000, at 11% bond pays coupon semiannually redeemable at P90,000 on January 13, 2017 is bought on January 13, 2011 to earn interest 13% compounded semiannually. Find the purchase price.
