Nancy kelge purchases 44 bonds that mature in 2024 at 96.2.
they have a coupon rate of 7.375%...
Mathematics, 31.08.2019 07:30 rockinrhonda19ovewso
Nancy kelge purchases 44 bonds that mature in 2024 at 96.2.
they have a coupon rate of 7.375%.
commissions are $10 per bond.
find the effective interest rate rounded to the nearest tenth.
Answers: 1
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