What is the effective annual rate for a stated apr of 123


1. What is the effective annual rate for a stated APR of 12.3 percent with weekly compounding?

2. You can earn 16% compounded semiannually and you need to have $100,000 in 20 years.  How much must you deposit next year to reach goal?

3. The price of the bond is $1,130.35. The bonds make annual payments, has a YTM of 5.6% and it matures in 5 years. Calculate the coupon rate.

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Financial Management: What is the effective annual rate for a stated apr of 123
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