Shannon purchases a bond for 114238 the bond matures in 3
Shannon purchases a bond for $1,142.38. The bond matures in 3 years, and she will redeem it at its face value of $1,200. Interest premiums are paid annually. If Shannon will earn a yield of 7%/year compounded yearly, what is the bond interest rate?
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you have just purchased a municipal bond with a 10000 par value for 9500 you purchased it immediately after the
shannon purchases a bond for 114238 the bond matures in 3 years and she will redeem it at its face value of 1200
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jimmy deposits 3200 now 2100 3 years from now and 4600 6 years from now interest is 7 for the first 3 years and 10 for
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