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A mortgage bond issued by Automation Engineering is for sale for $ 7 , 7 0 0 . The bond has a face value of
A mortgage bond issued by Automation Engineering is for sale for $ The bond has a face value of $ with a coupon rate of per year, payable semiannually. What rate of return will be realized if the purchaser holds the bond to maturity years from now? The rate of return will be per year.
A mortgage bond issued by Automation Engineering is for sale for $ The bond has a face value of
$ with a coupon rate of per year, payable semiannually. What rate of return will be realized if
the purchaser holds the bond to maturity years from now?
The rate of return will be
per year.
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