Business, 11.11.2020 17:50 carlshiabrown

A $10,000 bond with 18%/year, compounded semi-annually (interest is paid every six month) is available in the market. The bond matures in 10 years. The closest PW of this bond if the purchaser can earn 12%/year, compounded quarterly is:.

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A $10,000 bond with 18%/year, compounded semi-annually (interest is paid every six month) is availab...