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How long will it take $14,000 invested in a bond portfolio yielding 7.12% per year to reach $26,000 ? Hint: If using EXCEL or a
How long will it take $14,000 invested in a bond portfolio yielding 7.12% per year to reach $26,000 ? Hint: If using EXCEL or a TVM calculator, one of the dollar amounts must be negative 9.0 years 8.8 years 9.1 years 8.7 years
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