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A 7.4% coupon, 10-year semiannual bond has a face value of $1000 and is selling for $910. You purchase this bond today and hold it
A 7.4% coupon, 10-year semiannual bond has a face value of $1000 and is selling for $910. You purchase this bond today and hold it for 3 years, at which time you sell it for $980. Find the realized rate of return on your investment.
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The realized rate of return on an investment is the compound annual growth rate CAGR of the investment taking into account the cash inflows and outflo...
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
