A 200000 bond having a bond rate of 8 payable annually is
A $200,000 bond having a bond rate of 8% payable annually is purchased for $190,500 and kept for 6 years, at which time it is sold. How much should it sell for in order to yield a 7% effective annual return on the investment?
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a 200000 bond having a bond rate of 8 payable annually is purchased for 190500 and kept for 6 years at which time it is
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