Question
An investor buys a $1000 par value, 16.0% coupon bond with 8 years until maturity. The investor holds the bond for 4 years and sells
An investor buys a $1000 par value, 16.0% coupon bond with 8 years until maturity. The investor holds the bond for 4 years and sells the bond when market rates are 4.4% What was the investor's holding period return?
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
