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Mathematics, 23.07.2020 02:01 eranique1145
A 30-year, $1,000 strip bond was traded for $167, four years after it was issued. What was the semi-annually compounded nominal rate at that time? Calculate percentages accurate to the nearest 0.01%.
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A 30-year, $1,000 strip bond was traded for $167, four years after it was issued. What was the semi-...
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