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jscubs1 jscubs1
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11 months ago
A $1,000, 3.75% coupon, thirty year bond was issued by Potash Saskatchewan on March 15, 1998. At what flat price did it trade on July 4, 2019, when the market's required return was 9% compounded semiannually?

▸ $684.43

▸ $692.20

▸ $675.23

▸ $599.92

▸ $701.56
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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ochie92ochie92
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11 months ago
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jscubs1 Author
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11 months ago
Smart ... Thanks!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Thanks for your help!!
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