A $1000 bond bearing semi-annual coupons is redeemable at par. What is the minimum number of years

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A $1000 bond bearing semi-annual coupons is redeemable at par. What is the minimum number of years that the bond should run so that a person paying $1100 for it would earn at least 8%

Posted Date: May 18, 2024 03:14 PM

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A $1000 bond bearing semi-annual coupons is redeemable at par. What is the minimum number of years

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