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book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134105598
book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134105598
Exercise 86
A $1,000, 9.50% semiannual bond is purchased for $1,010. If the bond is sold after three years and six interest payments, what should the selling price be to yield a 10% return on the investment
Explanation
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Contemporary Engineering Economics 6th Edition by Chan Park
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