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( d ) Find the effective rate of interest when an interest rate of 5 % is applied to the original capital of 1 0
d Find the effective rate of interest when an interest rate of is applied to the original capital of and compounded monthly.
e What is a zerocoupon bond? Give an example.
f A company has to redeem debentures of at the end of years from now. How much money should the company accumulate every year at interest rate?
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