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Calculate the interest rate required on a perpetual bond that will pay a $75.00 per year interest payment if it is currently valued at $681.82.
Calculate the interest rate required on a perpetual bond that will pay a $75.00 per year interest payment if it is currently valued at $681.82.
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
0256079056, 9780256079050
