Question
Consider a 12-year 4% annual coupon bond with a face value of $100 and the price of 109. You buy the bond for 109, hold
Consider a 12-year 4% annual coupon bond with a face value of $100 and the price of 109. You buy the bond for 109, hold for one year, receive the coupon cash flow, and sell it for 102.
What is the realized yield on your investment
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
