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Rodney desires to compare cash flows with bonds that give an adequate return on investment on a bond he wants to purchase. Rodney looks at
Rodney desires to compare cash flows with bonds that give an adequate return on investment on a bond he wants to purchase. Rodney looks at Bond A worth $ with a coupon rate each year, compounding annually at for years. Bond B has the same features as Bond A but it compounds quarterly. Which bond gives the greater return?
a Bond B quarterly return
bBond B quarterly return
c Bond B quarterly return
dBond B annualy return
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