Question
An investor purchased a $1,000 19-year bond. The bond pays yearly coupons of 4.8% and the yield is 4.8%. Calculate the realized yield on this
An investor purchased a $1,000 19-year bond. The bond pays yearly coupons of 4.8% and the yield is 4.8%. Calculate the realized yield on this investment if the investor re-invests every coupon payment at the rate of 6.48% until maturity.
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Mortgage Ripoffs And Money Savers
Authors: Carolyn Warren
1st Edition
0470097833, 978-0470097830
