Question: at least a full paragraph. Discuss the primary difference between an annual bond and a semiannual bond. Why do changes need to be made in

at least a full paragraph. Discuss the primary difference between an annual bond and a semiannual bond. Why do changes need to be made in finding the price of a semiannual bond versus an annual bond?

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What is the primary difference between an annual bond and a semiannual bond? What changes do you need to make in finding the price of a semiannual bond versus an annual bond?

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