Arthur purchased a zero-coupon bond on January 1, 1990 for $500. On December 31, 2001, Arthur sold
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Arthur purchased a zero-coupon bond on January 1, 1990 for $500.
On December 31, 2001, Arthur sold this bond for $750. What was the yield on this investment?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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