Jim bought a $10,000 bond 7 years ago for $9990. The bond was semiannual with a 7%
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Jim bought a $10,000 bond 7 years ago for $9990. The bond was semiannual with a 7% coupon. Today he sold the bond for $10,300.
What was his realized yield?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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