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| rev | Admin | (Created page with "A steel company issued a ten-year 1,000,000 face amount bond on March 1, 2002 with an annual nominal coupon rate of 8% paid semiannually. On September 2, 2004, Company X paid 1,100,000 for this bond to yield an annual nominal rate of i convertible semiannually. Calculate i. <ul class="mw-excansopts"><li>4.0%</li><li>5.5%</li><li>6.3%</li><li>8.0%</li><li>9.7%</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 21:07 | +399 |