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Problem #1 (chapter 7): In order to expand its sphere of influence, Amazon offers a bond price of $300 for an 8% $3000 that measures
Problem #1 (chapter 7):
In order to expand its sphere of influence, Amazon offers a bond price of $300 for an 8% $3000 that measures in 15 years with a dividend payable quarterly.
What nominal and effective interest rates per year, compounded quarterly, will Amazon pay its investors, means did AMAZON make profit?
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