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If the yield to maturity is still 2.6% when you sell the bond at the end of year-5, what is your personal annual rate of
If the yield to maturity is still 2.6% when you sell the bond at the end of year-5, what is your personal annual rate of return?
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You bought a 10-year zero-coupon bond with a face value of $1,000 and a yield to maturity of 2.6% (EAR). You keep the bond for 5 years before selling it. F 1,000 The price of the bond today is Po = = 773.62 (1+r)^ 1.0260Step by Step Solution
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