Question
A person but a bond today at face value for 1000 with 6% coupon interest payment. the bond mature in 10 years, one year from
A person but a bond today at face value for 1000 with 6% coupon interest payment. the bond mature in 10 years, one year from now you sell your bond. when the interest rate are 9%, what is your rate of return?
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Rate of return 7316 Face Value 1000 Coupon Rate 6 Maturity 10 years Coupon am...
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
