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Effective Annual Rate Assignment | Homework For You

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May 22nd, 2020
Farm Fresh Corporation just issued a bond with a coupon rate of 7 percent and semiannual interest payments. The bonds are currently priced at par. The effective annual rate provided by these bonds must be:Homework For You
Multiple Choice ( 3.5 percent. greater than 3.5 percent but less than 7 percent O less than 35 percent O O greater than 7 percent. Get Finance homework help today

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