One bond of face value 100 with semiannual coupons and r .025 costs 15.1A. A similar
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One bond of face value 100 with semiannual coupons and r — .025 costs 15.1A. A similar bond with semiannual coupons and r = .04 costs 1 12.13. Both are redeemable at par in n years and have the same yield rate /.
(a) Find /
(b) Find n.
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Related Book For 
Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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