What rate of return did she make per semiannual period and
Janice V. bought a 4% $1000 20-year bond for $825. She received a semiannual dividend for 8 years, then sold it immediately after the sixteenth dividend for $875. What rate of return did she make per semiannual period, and per year (nominal)?
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janice v bought a 4 1000 20-year bond for 825 she received a semiannual dividend for 8 years then sold it immediately
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