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Jchanis15 Jchanis15
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Wilf paid $557.05 for a $1000 face value strip bond. At this price the investment will yield a return of 5.22% compounded semiannually. How long (to the nearest day) before its maturity date did Wilf purchase the bond? Assume that each half-year has exactly 182 days.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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ixi12ixi12
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