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A $1000 par value bond sells for $ 1,216. It matures in 20 years , has a 14 percent coupon , pay interest semiannually. What
A $1000 par value bond sells for $ 1,216. It matures in 20 years , has a 14 percent coupon , pay interest semiannually. What is the most reasonable expected rate of return if you buy the bond ?
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The Handbook Of Structured Finance
Authors: Arnaud De Servigny, Norbert Jobst
1st Edition
0071468641, 978-0071468640
