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A credit union??s Rate-Climber GIC pays rates of 2.2%, 2.7%, and3.2% compounded semiannually in successive years of a three-yearterm. What will be the maturity value
A credit unionâ??s Rate-Climber GIC pays rates of 2.2%, 2.7%, and3.2% compounded semiannually in successive years of a three-yearterm. What will be the maturity value of $14,000 invested in thisGIC 2 answers
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Derivatives Markets
Authors: Rober L. Macdonald
4th edition
321543084, 978-0321543080
