Question: A strip bond that will mature 7_1 years from now at its $13,000 face value can be 2 purchased today for $9042. What rate of
A strip bond that will mature 7_1 years from now at its $13,000 face value can be 2 purchased today for $9042. What rate of return (compounded semiannually) will this strip bond provide to an investor?
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