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rsteel rsteel
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2 years 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
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nursethomasnursethomas
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2 years ago
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rsteel Author
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2 years ago
Helped a lot
kc123
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Yesterday
Good timing, thanks!
wyq2651
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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