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  • Dec 22, 2007, 03:55 PM
    roshaep
    need answer
    Midland oil has 1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is

    a. 7 percent
    b. 10 percent
    c. 13 percent
  • Dec 22, 2007, 03:58 PM
    J_9
    Please read this ANNOUNCEMENT.

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