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A four - year promissory note for $ 3 8 0 0 plus interest at 9 . 5 % compounded semiannually was sold 1 8
A fouryear promissory note for $ plus interest at compounded semiannually was sold months before maturity for $
What quarterly compounded nominal rate of return will the buyer realize on her investment? Do not round the intermediate calculations. Round your answer to decimal place.
Quarterly compounded nominal rate of return Numeric ResponseEdit Unavailable. incorrect.
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