A 5000 face value industrial bond can be purchased for 4920


A $5000 face value industrial bond can be purchased for $4920. Its dividend rate is *% and it pays dividends semianually and will mature in eight years. What are the rate of return, the nominal interest rate, and the effective rate of return that the purchaser can expect to recieve if the bond is purchased?

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Electrical Engineering: A 5000 face value industrial bond can be purchased for 4920
Reference No:- TGS0616358

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