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Return on Investments, Price in dollar for a bond quote

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On Feb 15, 2007 you invest 1mm and on August 15th 2008 you receive 1.1 mm.

1. What is your return assuming the investment compounds annually? Semiannually?

2. A bond is priced at 101 7/8. What is the price in dollars?

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This solution calculates return on investments and the price in dollar for a bond quote.

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1. On Feb 15, 2007 you invest 1mm and on august 15th 2008 you receive 1.1 mm.

What is your return assuming the investment compounds annually? semiannually?

in ...

Purchase this Solution


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