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A 2-year coupon bond sells at $100 and has a face value of $200. The coupon rate is 5% and the Duration of the bond
A 2-year coupon bond sells at $100 and has a face value of $200. The coupon rate is 5% and the Duration of the bond is 3.76. Calculate the yield.
| A. 9.0% | |
| B. 4.5% | |
| C. 11.8% | |
| D. 7.0% |
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
0324657730, 9780324657739
