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6. An 8-year corporate bond sold to an investor at par ($1000) with a 10 percent coupon rate is called four years later at par
6. An 8-year corporate bond sold to an investor at par ($1000) with a 10 percent coupon rate is called four years later at par plus one year's coupon income. What is his 4-year holding period yield?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
