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Your money currently is invested in an account expected to earn a compound return of 37.4% in total from beginning to end of a 3-year
Your money currently is invested in an account expected to earn a compound return of 37.4% in total from beginning to end of a 3-year period. You are considering investing in a bond expected to generate payments every 6 months. What rate should you use to discount cash flows expected from the bond
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