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Business, 21.04.2020 22:45 princessmaddiegigi

An investor will pay $2,318.63 for an n-year $2,000 par bond with a coupon rate of 10% compounded semiannually or he will pay $2,531.05 for an nyear $2,000 par bond with a coupon rate of 11% compounded semiannually. Assuming that the investor gets the same yield on the two bonds, find this yield rate expressed as a nominal rate convertible two times per year. Also find n.

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An investor will pay $2,318.63 for an n-year $2,000 par bond with a coupon rate of 10% compounded se...
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