Mathematics, 09.11.2019 00:31 ilvvsShatalov3984

Two bonds are available on the market as follows: bond 1: face value $250, 5 years to maturity at a (simple) interest rate of 5%. bond 2: face value $350, 3 years to maturity at a (simple) interest rate of r. given that both bonds yield the same interest to maturity, calculate r.

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