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    Exam 8: Compound Interest: Future Value and Present Value
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    If a 30-Year, $10,000 Strip Bond Is Issued at a Yield
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If a 30-Year, $10,000 Strip Bond Is Issued at a Yield

Question 27

Question 27

Multiple Choice

If a 30-year, $10,000 strip bond is issued at a yield rate of 5.75% compounded semi-annually, what is its issue price?


A) $349
B) $978
C) $993
D) $1,869
E) $1,826

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