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Author Question: Stock and Bond MarketsPoly's Portable Peanut Butter needs to raise $40,000 for an expansion. To get ... (Read 89 times)

april 19

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on: Nov 23, 2022
Stock and Bond Markets

Poly's Portable Peanut Butter needs to raise $40,000 for an expansion. To get the funds, the company has decided to sell bonds with a principal of $1250 and a yearly coupon payment of $145.

How many bonds must Poly's Portable Peanut Butter sell to raise the necessary funds? What is the interest rate of the bonds? Please round your answer to two decimal places.
◦ 32.00 bonds, 11.60%
◦ 275.86 bonds, 11.60%
◦ 32.00 bonds, 3.13%
◦ 275.86 bonds, 3.13%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by april 19 on Nov 23, 2022

H.cope00

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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april 19

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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