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ENG-6203
A P20 00000 bond is sold now f...
A P20 00000 bond is sold now for P18 50000 Determine the redemption price at the end of seven years, if the yield is 12% semi-annually and the rate is 10% payable every six months
P20,86166
P20,11166
P20,81166
Correct
P20,76166
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