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BigFella9503 BigFella9503
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10 months ago
A $1000 par value, 7.5% coupon bond was issued two years ago with eight years remaining until maturity. An investor paid $1173.99 for the bond today. What was the investor's required rate of return compounded semiannually? Round to the nearest 0.01%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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fs125fs125
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