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Business, 29.10.2020 17:10 lily5196

A company offers bonds at a discount price of $800 for a 4% $1,000 bond that matures in 20 years with a dividend payable semi annually. What is the closest effective interest rate per year, compounded semiannually

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A company offers bonds at a discount price of $800 for a 4% $1,000 bond that matures in 20 years wit...
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