Calculate the present worth of a 4.5%, $5000 bond with interest paid semiannually. The bond matures in
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Calculate the present worth of a 4.5%, $5000 bond with interest paid semiannually. The bond matures in 10 years, and the investor desires to make 8% per year compounded quarterly on the investment.
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The interest the investor would receive is i 5000 00452 11250 per 6 mon...View the full answer
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