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

User Rpattabi
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17 votes
17 votes
12 payment periods . hope this helps
User Yasuyuki
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