How many compounding periods does it take for a non-interest bearing bond of $420 150 to be reduced to $199 989 at a discount rate of 5.44% compounded monthly?
184.12
164.12
146.12
154.12
121.12
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How many compounding periods does it take for a non-interest bearing bond of $420 150 to be reduced to $199 989 at a discount rate of 5.44% compounded monthly? Select one: O A. 121.12 O B. 164.12 C. 184.12 D. 146.12 E. 154.12
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