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A $10,000, 7.5% bond with quarterly coupons redeemable at par on October 15, 2032, was purchased on May 5, 2020, at 98.75. What is the
A $10,000, 7.5% bond with quarterly coupons redeemable at par on October 15, 2032, was purchased on May 5, 2020, at 98.75. What is the approximate yield realized if the bond was sold on August 7, 2025, at 92?
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Ouch What You Dont Know About Money And Why It Matters More Than You Think
Authors: Paul Knott
1st Edition
0133527077,0273788752
