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Study Questions for Chapter 14 - Part 2

Study Questions for Chapter 14 - Part 2 - and a market rate...

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Study Questions for Chapter 14 – Part II 1. Describe future value and present value. Do not use numbers and mathematical formulas, describe it with words. (You can use words like multiplied by and divided by, plus and minus) 2. Describe how to calculate the selling price of a bond that has a contract rate of 10 percent
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Unformatted text preview: and a market rate of 12 percent. Do not refer to the tables as part of your description. 3. Describe the difference between amortizing a bond premium or discount using the straight line method and the effective interest method....
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