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6. A 10 year bond is issued on 1/06/18 with a face value of $100 and a coupon of 2% pa (paid semi-annually with coupons
6. A 10 year bond is issued on 1/06/18 with a face value of $100 and a coupon of 2% pa (paid semi-annually with coupons paid on May 31 and November 30). On 6/9/19 Liz buys this bond at a yield of 2% pa and she sells it on 20/10/19 at a yield of 1/6% pa. What has her return been?
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
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