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An engineer planning for his child's college education purchased a zero-coupon corporate bond (i.e., a bond that has no dividend payments) for $9250. The .bond
An engineer planning for his child's college education purchased a zero-coupon corporate bond (i.e., a bond that has no dividend payments) for $9250. The .bond has a face value of $50,000 and is due in 18 years. If the bond is held to maturity, determine the i* for the investment 9.839 13.1096 20.2296 16.7896
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