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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a 10000 bond has twelve years to maturity and a coupon rate of 535 semi-annual rates on current bonds of similar risk
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