Business, 25.12.2020 18:50 abdullaketbi71

Assume Lei's bonds paid interest annually rather than semiannually. You could find the value of these bonds, in a market where the going nominal annual rate on semiannual payment bonds is 7%, by finding the effective annual rate, which is 7.1225%, and then discounting the annual bond's cash flows by this effective rate. The annual payment bonds would have a value of $1,352.72 versus $1,374.17. True or false

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Assume Lei's bonds paid interest annually rather than semiannually. You could find the value of thes...

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