An investor buys a 45 20-year bond with a face value of


An investor buys a 4.5% 20-year bond with a face value of $10000 for $11386.05. If the purchaser holds the bond to maturity, what is the effective annual ROR compounded semi-annually?

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Business Economics: An investor buys a 45 20-year bond with a face value of
Reference No:- TGS0990113

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