question archive A Php 250,000 bond with a bond rate of 8% annually pays dividend semi-annually and is redeemable at par at the end of 5 years
A Php 250,000 bond with a bond rate of 8% annually pays dividend semi-annually and is redeemable at par at the end of 5 years
Subject:AccountingPrice:2.84 Bought3
A Php 250,000 bond with a bond rate of 8% annually pays dividend semi-annually and is redeemable at par at the end of 5 years. Determine the purchase price to yield a holder, if the bond pays 10% compounded semi- annually.
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