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Home Q & A Board Science-Related Homework Help Mathematics
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Hillier Hillier
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6 years ago
A $40 000 bond with semi-annual coupon payments at 5.5% compounded semi-annually is redeemable at par in 12 years. Calculate the yield rate if the bond is purchased at 102.5.
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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Hillier Author
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6 years ago
Brilliant ツ
Smair87
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Yesterday
Good timing, thanks!
annabananerz
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2 hours ago
Thanks for your help!!
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