A12 50000 bond is offered for sale at 45000 if the bond


A 12%, $50,000 bond is offered for sale at $45,000. If the bond interest is payable monthly and the bond matures in 20 years, what nominal effective rates of return per year will the purchaser make on the investment?

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Civil Engineering: A12 50000 bond is offered for sale at 45000 if the bond
Reference No:- TGS0655676

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