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A bond with face value P100,000 has a semiannual coupon rate of 6%. With a time to maturity of 5 years, the bond is sold
A bond with face value P100,000 has a semiannual coupon rate of 6%. With a time to maturity of 5 years, the bond is sold for P102,000. (Disregard withholding tax.)
15. What is the current yield of the buyer?
16. How much is the buyers return?
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