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An investor purchases a bond for $ 9 2 1 . The bond pays $ 4 0 a year for three years and then matures
An investor purchases a bond for $ The bond pays $ a year for three years and then matures it is redeemed for $ What is the internal rate of return on that investment? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number.
The internal rate of return on a bond is
This return can be also called as
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