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doggerfresh doggerfresh
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10 months ago
Four years after it was first issued at 6% compounded semiannually, a 25-year, $10,000 strip bond was sold on the bond market at a price that would provide the purchaser with a yield rate of 4.8% compounded semiannually. To the nearest dollar, what was the selling price at that time?

▸ $2,281

▸ $2,667

▸ $2,890

▸ $3,693

▸ $3,736
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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KocojdaKocojda
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10 months ago
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doggerfresh Author
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10 months ago
Correct Slight Smile TY
dianeflunder
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Helped a lot
mmmm_dat_userna
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2 hours ago
Thank you, thank you, thank you!
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