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Home Q & A Board Science-Related Homework Help Mathematics
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islandgurl islandgurl
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11 months ago
A bond pays $1000 interest at the end of every year for the next 30 years. What is the current economic value of each of the 15th and 30th payments if we discount the payments at:


a) 5% compounded semiannually?
b) 8% compounded semiannually?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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iammtziammtz
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11 months ago
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islandgurl Author
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11 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
fgarza2146
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Yesterday
Thanks
jamesbove
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2 hours ago
Good timing, thanks!
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