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Home Q & A Board Science-Related Homework Help Mathematics
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viva902 viva902
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3 months ago
Albert Greco paid $1,974 for a $10,000 strip bond 16 years before it reached maturity. What semiannually compounded nominal rate will Albert earn on his investment?

▸ 11.78%

▸ 3.17%

▸ 5.22%

▸ 10.67%

▸ 10.40%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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roman91roman91
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10.40%
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viva902 Author
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3 months ago
Correct Slight Smile TY
africa143
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Yesterday
Thanks
Transonic
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2 hours ago
this is exactly what I needed
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