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a) What is the price of a $1000 bond with a 3.% coupon rate, semi annual coupons, and four years to maturity if it has a yield to maturity of 8% APR.
b) What is the Effective Annual discount Rate of the above bond?
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Early computer systems relied on command line interfaces to perform all actions. Today, the majority of systems use direct manipulation rather than a command line interface.
Assume you are working on developing the business case for a project. The initial investment is $130,000 (year 0), the project will bring an income of $30,000 every year for
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