A bond matures in six years. Its face value is $1,000, its market value is $993.56, and

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A bond matures in six years. Its face value is $1,000, its market value is $993.56, and it earns semi-annual coupons of $55. The (effective annual) rate of return required for this bond is:

a) 11,46 %

b) 11,30 %

c) 11,15 %

d) 11,00 %

e) 10.89%

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Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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Posted Date: Jan 29, 2024 10:10 AM

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A bond matures in six years. Its face value is $1,000, its market value is $993.56, and

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Fraud examination

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