As part of your inheritance, you received a bondthat will
Chapter 7, Problem 7.64(choose chapter or problem)
As part of your inheritance, you received a bondthat will pay interest of $700 every 6months for15years. If the coupon rate is 7% per year, the facevalue of the bond is(a) $10,000 (b) $20,000(c) $30,000 (d) $40,000
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