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3 years ago

13

What is the rate of return on a $5,000 bond purchased at $4,750 with a 12% coupon?

1 answer:

maxonik [38]3 years ago

3 0

Answer:

12.63

Step-by-step explanation:

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Step-by-step explanation:

Using the rule of radicals

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and $\sqrt{-1}$ = i

Given

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