How much is the present value of the purchase


An investor buys a 3.5% 20-year bond with a face value of $10000 for $10414.22. How much is the present value of the purchase at an ROI of 3.69% per year compounded semiannually if the purchaser holds the bond to maturity?

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Macroeconomics: How much is the present value of the purchase
Reference No:- TGS0871813

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