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A $1000 bond paying interest j2=7% matures at par on October 1, 2021. On April 28, 2010, this bond is quoted at 102. What is
A $1000 bond paying interest j2=7% matures at par on October 1, 2021. On April 28, 2010, this bond is quoted at 102. What is the yield rate?
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
