Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Can I have an asnwer and solution for this one, please?
Transcribed Image Text:20. What nominal rate compounded quarterly could equitably replace
the rate (.04, m
= 2) ?
%3D
Transcribed Image Text:(а) Three years and 9 months after date, Х рromises to раy
$1000 to Y oт order.
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