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Author Question: Suppose you purchase a seven-year muni bond for $9600. The face value of the bond when it matures is ... (Read 286 times)

tuffie

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on: May 5, 2020

Question 1

Suppose you purchase a 10-year muni bond for $8000. The face value of the bond when it matures is $12,300. Find the APR.
◦
◦ 5%
◦ 5.5%
◦ %
◦ 5.375%

Question 2

Suppose you purchase a seven-year muni bond for $9600. The face value of the bond when it matures is $13,128. Find the APR.
◦ %
◦ 5.5%
◦ 4.5%
◦ 5%
◦ 4%
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by tuffie on May 5, 2020

Dunkey

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tuffie

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Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it

gcook

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Reply 3 on: Yesterday
Wow, this really help

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