Find the present value of an annuity-immediate which pays 1
Find the present value of an annuity-immediate which pays 1 at the end of each halfyear for ?ve years, if the rate of interest is 8% convertible semiannually for the ?rst three years and 7% convertible semiannually for the last two years.
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eight years ago you purchased a 1000 30-year zero coupon bond for 575 what was the annual ytm on that bond at that time
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