The nominal interest rate is 8 percent however interest is
You have been offered an investment that pays $3000 at the end of every year for the next 6 years. The nominal interest rate is 8 percent; however, interest is compounded monthly. What is the present value of the investment?
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you have been offered an investment that pays 3000 at the end of every year for the next 6 years the nominal interest
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breenan industries has a bond outstanding with 10 years to maturity a 7 nominal coupon semiannual payments and a 1000
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