Question
A 10-year zero coupon bond will pay $1,000 at maturity and is priced at $463.19 to yield 8%. One year later, (9 years to maturity),
A 10-year zero coupon bond will pay $1,000 at maturity and is priced at $463.19 to yield 8%. One year later, (9 years to maturity), the bond is priced at $500.25 to yield 8%. What is the holding period return from time 0 to time 1?
Less than 8%.
None of the answers is correct.
0%.
8%.
More than 8%.
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Auditing And Assurance Theory And Practice
Authors: Clifford Gomez
1st Edition
8120345665, 978-8120345669
