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Consider a 2-yr, $1000 Par, 10% coupon bond with annual coupon payments with a current market price of $950. Assume you bought the bond at
Consider a 2-yr, $1000 Par, 10% coupon bond with annual coupon payments with a current market price of $950. Assume you bought the bond at $950 today and sold it one year later (before it matured) for its market price at the time of $990. What is the realized yield of this bond?
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Equity Valuation And Portfolio Management
Authors: Frank J. Fabozzi, Harry M. Markowitz
1st Edition
047092991X, 9780470929919
