You are thinking about buying a savings bond. The bond costs $52 today and will mature in
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You are thinking about buying a savings bond. The bond costs $52 today and will mature in 15 years with a value of $104. What annual interest rate will the bond earn?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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