Question
100 Apple bonds were purchased on February 19, 2014. The bonds have a coupon rate of 3.25%, and I have another five years until the
100 Apple bonds were purchased on February 19, 2014. The bonds have a coupon rate of 3.25%, and I have another five years until the bonds reach maturity. The purchase price of the bonds was $1000 per bond.
If I sell today what is my return.
If I wait till maturity what is my return.
Thank you.
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
