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a portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays $55 interest rate annually and matures in three
a portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays $55 interest rate annually and matures in three years. the market price of the bond is $1013.6. a. original price of the bond. b. calculate current yield of the bond c is bond trading at the discountt price? justify
the market price of the bond is $1013.6.
a. original price of the bond.
b. calculate current yield of the bond
c is bond trading at the discountt price? justify
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