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gewusel gewusel
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6 years ago
A $100 000 bond is redeemable at 105 in 20 years. If interest on the bond is 5% payable semi-annually, what is the purchase price to yield 6% compounded semi-annually?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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gewusel Author
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6 years ago
You make an excellent tutor!
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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