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Home Q & A Board Science-Related Homework Help Mathematics
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SirJohnny SirJohnny
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11 months ago
A government hydro bond was issued on April 23, 2015 with a maturity date of April 23, 2035. If the bond was purchased on April 23, 2025 and has a coupon rate of 2.4% compounded semiannually with a market rate of 1.8% compounded semiannually, what was the value of the bond on the date purchased? Assume a par value of $1,000.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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prospectjayprospectjay
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11 months ago
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SirJohnny Author
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11 months ago
This calls for a celebration Person Raising Both Hands in Celebration
njn;l
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Smart ... Thanks!
decibul
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2 hours ago
This site is awesome
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