4.7. Saras portfolio consists of $10,000 in face value of the bonds described in exercise 4.6 and...
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4.7. Sara’s portfolio consists of $10,000 in face value of the bonds described in exercise 4.6 and an $8,000 bank CD that earns 3.5 percent per year for the first year and 3.0 percent the second year. Calculate
a, b, and c as in exercise 4.6.
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Financial Markets And Corporate Strategy
ISBN: 9780071157612
2nd Edition
Authors: Mark Grinblatt, Sheridan Titman
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