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You are considering buying a 5 year bond with 5% interest per year paid semi-annually. It has an expected rate of return of 10%. How
You are considering buying a 5 year bond with 5% interest per year paid semi-annually. It has an expected rate of return of 10%. How much are you willing to pay for this bond? Complete the following. Put a question mark '?' in the space of what you are solving for.
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