Question
If you believe that Cisco Systems stock is going to fall in value over the next month and no options are traded on this security,
If you believe that Cisco Systems stock is going to fall in value over the next month and no options are traded on this security, how can you invest in such a way as to profit from its anticipated fall?
Suppose a semiannual Sears bond with a face value of $1000, a coupon rate of 6% and a maturity of 18 years is trading at $1048. What is this bond's Yield to Maturity?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
