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Nicole currently $11, 200 in an account that pays 5% p.a. She will deposit $11, 200 every other year beginning two years from today and
Nicole currently $11, 200 in an account that pays 5% p.a. She will deposit $11, 200 every other year beginning two years from today and ending in year 10. She will withdraw $15,000 in year 15. She will have in her account 20 years from today. 114,005.23 116, 795.93 119, 612.39 122, 507.49 125, 036.98 Zachary is considering buying a bond issued by CSD dial pays coupon interest semi-annually, 17 years remaining to maturity, and has a coupon rate of 6.00%. If the bond sells for $990.00 yield-to-maturity is Assume a $1,000 par value. 6.10 6.16 6.23 6.29 6.35
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