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A $5000 face value strip bond may be purchased today for $1073 36 yielding the purchaser 7 27% compounded semiannually How much time to the nearest day remains until the maturity date Assume that

A $5000 face value strip bond may be purchased today for $1073.36 yielding the purchaser 7.27% compounded semiannually. How much time (to the nearest day) remains until the maturity date? Assume that each half-year has exactly 182 days.
 

May 22 2020 View more View Less

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