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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 409 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
you have just bought a security that pays $500 every six months . The security lasts for 10 years. Another security of equal risk also has a maturity of 10 years, and pays 10 percent compounded annually .What should be the price of the security that you just purchased?
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