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Question 19 (3.5 points) Within Year, Inc. has bonds outstanding with a $1,000 par value and a maturity of 28 years. The bond
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Answer #1

Function Arguments ? X PV Rate 13%/4 Nper 2844 Pmt 120/4 Fv 1000 1 1 1 1 1 = 0.0325 = 112 = 30 = 1000 = 0 Type o = -925.21670

Hence, correct option is $925.22

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