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Check my work Suppose that Casino Royale has issued bonds that mature in 1 year They currently offer a yield of 24%. However, there is

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Check my work Suppose that Casino Royale has issued bonds that mature in 1 year They currently offer a yield of 24%. However, there is a 50% chance that Casino will default and bondholders will receive nothing. What is the expected yield on the bonds? Assume these are zero coupon bonds with annual compounding. (Input the amount as a positive value and as a percent round decimal place.) ed to 1 Expected yield is af

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