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Business, 09.08.2021 20:40 kksavage36

Assume that an investor wishes to purchase a 20-year bond with a maturity value of $1,000 and semiannual interest payments of $40. If the investor requires a 10 percent simple yield to maturity on this investment, what is the maximum price she should be willing to pay for the bond

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Assume that an investor wishes to purchase a 20-year bond with a maturity value of $1,000 and semian...

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