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Home Q & A Board Science-Related Homework Help Mathematics
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rsteel rsteel
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6 months ago
A $5,000 face value strip bond has fifteen years remaining until maturity. What is its price if the market rate of return on such bonds is 1.22% compounded semiannually?

▸ $4,146.16

▸ $4,366.16

▸ $4,266.16

▸ $5,166.16

▸ $4,166.16
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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nursethomasnursethomas
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6 months ago
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