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Gabe purchases a $600 bond that has 6 remaining semi-annual 6% coupon payments for $450. What would be his return per half year period? Please
Gabe purchases a $600 bond that has 6 remaining semi-annual 6% coupon payments for $450.
What would be his return per half year period?
Please answer with full formula *** DO NOT USE EXCEL*** I will upvote.
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