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testipw testipw
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A year ago
Wojtek purchased a $10,000 face value strip bond on a date when it had 14 years left until maturity. The purchase price was based on a market yield of 6.2% compounded semiannually. He sold the bond 4½ years later when the market yield was 5.2% compounded semiannually. What was Wojtek's total gain on the investment?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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thomas1993thomas1993
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A year ago
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testipw Author
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Thanks
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This site is awesome
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Thanks for your help!!
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