Refer to Table 67. Verify the yield of 4.403 percent on the Southern bonds with a coupon
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Refer to Table 6–7. Verify the yield of 4.403 percent on the Southern bonds with a coupon of 4.400 percent and a maturity date of July 1, 2046. Settlement occurs two days after purchase, so actual ownership of the bond occurs on May 25, 2016. (LG 6-2)
LO.1
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Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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