Question
if you buy a bond today at a 10% discount and sell it at a 15% premium in year 10, what is your holding period
if you buy a bond today at a 10% discount and sell it at a 15% premium in year 10, what is your holding period return per year? assume that it is a 20year semiannual bond and pays coupon of 9%
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
