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Business, 02.06.2021 16:20 haitch

Suppose a State of Tennessee bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.5%, how much is the bond worth today if there is semiannual compounding

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Suppose a State of Tennessee bond will pay $1,000 eight years from now. If the going interest rate o...
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