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the end of three years and six interest payments, what should the selling price be to yield a 1 0 % return on the investment?
the end of three years and six interest payments, what should the selling price be
to yield a return on the investment?
Mr Gonzalez wishes to sell a bond that has a face value of $ The bond bears
an interest rate of with bond interests payable semiannually. Four years ago,
$ was paid for the bond. At least a return yield on the investment is
desired. What must be the minimum selling price?
Suppose you have the choice of investing in a zerocoupon bond, which costs
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