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Find the rate of return on a corporate bond that pays interest semi-annually. Assume that the current price of the bond is $900, the coupon
Find the rate of return on a corporate bond that pays interest semi-annually. Assume that the current price of the bond is $900, the coupon rate is 12% and the bond matures in 11 years.
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
