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$10,000 bond with a bond rate of 7% matures in 10 years and pays intreset quarterly. a) If you desire tome make 10% per year
$10,000 bond with a bond rate of 7% matures in 10 years and pays intreset quarterly.
a) If you desire tome make 10% per year compounded quarterly on your investment, would you buy the bond for $8375?
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