Find the price of a bond with a face value of $16 000 that pays an annual coupon of $1 440, for a period of 17 years. The discount rate is 4% p.a. Give your answer in dollars and cents to the nearest cent.
Answers:
go here and in put your bond info and it will give you all the answers you are looking for.
http://www.treasurydirect.gov/bc/sbcpric...
its the U.S. Savings Bond website.
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