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hardy7luver hardy7luver
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6 months ago
Monty purchased a strip bond for his RRSP. He paid $3800 for a $5000 face value bond with three years remaining until maturity. What semiannually compounded rate of return will he realize over the three years? Round to the nearest 0.01%.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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carolyne254carolyne254
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6 months ago
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9.36% compounded semiannually
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hardy7luver Author
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6 months ago
Brilliant ツ
spaghetti
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Yesterday
Just got PERFECT on my quiz
homework1
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2 hours ago
Smart ... Thanks!
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