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How many payment periods are in a 6-year, 8% bond with an effective interest rate of 6%, and paid semiannually?

How many payment periods are in a 6-year, 8% bond with an effective interest rate of 6%, and paid semiannually?
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How many payment periods are in a 6-year, 8% bond with an effective interest rate of 6%, and paid semiannually?

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User JohnnyFaldo
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1 Answer

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12 payment periods . hope this helps
answered
User Oliver Busse
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