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    Bond price

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    If $1,000.000, 11% bonds, 10 year pay annually with a market rate of 12% how do you figure the selling price?

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    https://brainmass.com/business/business-math/bond-selling-price-205358

    Solution Preview

    If $1,000,000, %11 bonds, 10 year pay annually the with a market rate of 12% how do you figure the selling price

    Bond Price:
    Calculating Price of bond
    To calculate the price of the bond we need to calculate / read from tables the values of
    PVIF= Present Value Interest Factor
    PVIFA= Present Value Interest ...

    Solution Summary

    The solution calculates bond price. The market rates are examined.

    $2.19

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