Determine what the maturity date should be

Reference no: EM132161004

Question: A 9%, $10,000 bond that has interest payable semiannually sells for $8500. Determine what the maturity date should be so that the purchaser may enjoy a 12% nominal rate of return on this investment. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132161004

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