Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Mar 2018 My Price 3.00

Heather Smith

Heather Smith is considering a bond investment in Locklear Airlines. The $1,000 par value bonds have a quoted annual interest rate of 11 percent and the interest is paid semiannually. The yield to maturity on the binds is 14 percent annual interest. There are seven years to maturity. Compute the price of the bonds based on semiannual analysis.

You must include the keystrokes needed to compute the answer using a TI BA II Calculator.

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Mar 2018 05:03 AM My Price 3.00

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