At what price should you purchase a 10000 6 apr coupon paid


At what price should you purchase a $10,000 (6% APR coupon paid once every six months) bond today, if it matures in 8 and 1/2 years, and you want to make 8% APR on your investment?

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Business Economics: At what price should you purchase a 10000 6 apr coupon paid
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