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bond and credit question 1 answer below » a.)Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 7%. Bond Bond FaceValue Annual Coupon Rate Maturity Market Price Russel Inc $1000 4% 1 yr $990 Thomas Inc $1000 7.5% 17 yr $990 Stephanie Inc $1000 8.5% 25 yr $990 B.) Master card and other credit card issuers must by law print the annual percentage rate (APR) on their Monthly Statements. If the APR is stated to be 18.00%
with interest paid monthly, what is the cards EFF%? Jan 10 2014 11:17 AM
