For a 10-year deposit what annual rate payable semiannually, Financial Management

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For a 10-year deposit what annual rate payable semiannually

1. You have $11,572.28 in an account that has been paying an annual rate of 9%, compounded continuously. If you deposited some funds 15 years ago, how much was your original deposit?

2. For a 10-year deposit, what annual rate payable semiannually will produce the same effective rate as 3% compounded continuously?

3. If a discount bond selling for $1,900 with a face value of $2,000 in two years, what is the yield to maturity (YTM) of this bond?

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Financial Management: For a 10-year deposit what annual rate payable semiannually

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Financial Management: For a 10-year deposit what annual rate payable semiannually

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