using
follow binomial madal of one year Intert sante, price a 2 Yerk,
compounding
All rates are enpressed on a bond equivalent Basis Round your Ansues
e Decimal faces
Time ,
Tine o
lih=8%
és=20
i su = 41.
5 %. annual -Cuppon bond with a par Valne f $ 979. Assume annul
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2
Answer:
A=p·ert for 1 yr: A=p·e r
=1.05
Step-by-step explanation:
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