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Anastasia bought a 5%, $2500 15-year bond at a discount of 6%. She received a semi-annually dividend for 7 years, and then sold it immediately
Anastasia bought a 5%, $2500 15-year bond at a discount of 6%. She received a semi-annually dividend for 7 years, and then sold it immediately after the 14th dividend for $2100. a) Did Anastasia make the return of 8% per year compounded semi-annually that she wanted? Why
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