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In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of

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mars1129 [50]2 years ago

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by utilizing the goods by their proper uses

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we can se the approximate formula for YTM

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

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$YTM = \frac{57.5 + \frac{1,00 - 1,050}{24}}{\frac{1,000+1,050}{2}}$

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This is a semiannual rate as we consider semiannula payment.

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$(1 + 0.054065041)^{2} - 1$

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