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Luxury issued $300 principal of 4 year bond with three percent interest rate, and discount rate of three percent, and a semi annual interest payment.
Luxury issued $300 principal of 4 year bond with three percent interest rate, and discount rate of three percent, and a semi annual interest payment. What is annuity factor, and use formulas to get the answer?
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Sound Investing, Chapter 21 - Cash From Operations Cons
Authors: Kate Mooney
1st Edition
0071719431, 9780071719438
