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HW16Q14 Calculate the realized compound yield for a 20 year 10% annual coupon bond purchased at par and held to maturity if rates immediately rise
HW16Q14
Calculate the realized compound yield for a 20 year 10% annual coupon bond purchased at par and held to maturity if rates immediately rise to 11% after purchase.Input your response as a decimal (e.g., 0.1999 for 19.99%).
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