An investor buys a 45 20-year bond with a face value of
An investor buys a 4.5% 20-year bond with a face value of $10000 for $11386.05. If the purchaser holds the bond to maturity, what is the effective annual ROR compounded semi-annually?
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final essay instructionsbefore you get started read the writing tips and the assignment instructions very carefullynote
an investor buys a 45 20-year bond with a face value of 10000 for 1138605 if the purchaser holds the bond to maturity
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