What will be the rate of return in Example 16.6 if the manager forecasts that in two

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What will be the rate of return in Example 16.6 if the manager forecasts that in two years the yield on 18-year bonds will be 10% and the reinvestment rate for coupons will be 8%? P-963

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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