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ikrabbe ikrabbe
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6 years ago
A $50 000 bond bearing interest at 6.5% bond payable semi-annually matures in 10 years. If it is bought to yield 5.7% compounded semi-annually, what is the purchase price of the bond?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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rmaccararmaccara
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6 years ago
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ikrabbe Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Good timing, thanks!
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