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Mathematics, 18.11.2020 16:50 vince022503

Making the assumption of no compounding interest, suppose you purchase a perpetuity bond from Sense/Net Corporation for $4,000 with an annual coupon rate of 3% . Specify all answers to the nearest dollar, and assume a discount rate equal to that of the current interest rate. What is the yearly return on your $4,000 investment?

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