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Posted on Sep 13, 2024

you buy a bond for $ 1 0 0 0 and decide to sell it immediately after the 1 6 th interest payment. If you

you buy a bond for $

1000

and decide to sell it immediately after the

16

th interest payment. If you want to earn

14 %

per year compounded quarterly on your investment, what must be your selling price?

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