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How many payment periods are in a 6 -year, 8% bond with an effective interest rate of 6%, and paid semiannually? Select one: A. 48

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How many payment periods are in a 6 -year, 8% bond with an effective interest rate of 6%, and paid semiannually? Select one: A. 48 B. 12 C. 6 D. 3

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