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Student06 Student06
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11 months ago
A $1000, 10-year bond paying a semiannual payment of $40, sold today for $1089.84. What was the purchaser's required rate of return compounded semiannually? Round to the nearest 0.01%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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packar11packar11
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11 months ago
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Student06 Author
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11 months ago
Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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Thanks for your help!!
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