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A bond has a face value of $80000 and pays an annual coupon rate of 4.2%. The bond is selling for $78344 now and is
A bond has a face value of $80000 and pays an annual coupon rate of 4.2%. The bond is selling for $78344 now and is expected to be sold for $77272 one year from now. What is the bond's expected rate of return? Answer: %
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence A. Cunningham
5th Edition
0314912606, 978-0314912602
