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Franklin Framing Inc. has twenty years remaining on $1,000 par value semiannual coupon bonds paying semiannual coupons of $40. The price today is 1231.15. If
Franklin Framing Inc. has twenty years remaining on $1,000 par value semiannual coupon bonds paying semiannual coupons of $40. The price today is 1231.15. If you buy this bond today and keep it until maturity what would be your rate of return? (with excel)
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