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A $1,000 face value bond has a 10% coupon rate, its current price is $990, and its price is expected to increase to $1,050 next
A $1,000 face value bond has a 10% coupon rate, its current price is $990, and its price is expected to increase to $1,050 next year. Calculate the return of the bond.
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Development Economics In The Twenty-First Century
Authors: Claudia Sunna, Davide Gualerzi
1st Edition
1317219961, 9781317219965
