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Betty and Bob buy a 10-year bond with a coupon rate of 16% perannum payable semiannually and a redemption value of $100. If theypaid $138

Betty and Bob buy a 10-year bond with a coupon rate of 16% perannum payable semiannually and a redemption value of $100. If theypaid $138 then using The Salesmanâ??s Rule approximate the per annumy 2 answers

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