Business
Business, 28.06.2021 02:00, chuyyoshy092714

Assume an investor had $1000 to invest three years ago. This investor purchased a bond with a three year maturity at face value. The bond pays interest compounded semi-annually at the rate of 5 percent. At the end of the three years, the investor has $1340.10. Calculate the RCY

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Assume an investor had $1000 to invest three years ago. This investor purchased a bond with a three...

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