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Joe Biden has an 8-year, $39,178.45, zero-coupon bond with an annual yield-to-maturity (YTM) of 3.14%. If she sells the bond after 3 years for $33,333.50,
Joe Biden has an 8-year, $39,178.45, zero-coupon bond with an annual yield-to-maturity (YTM) of 3.14%. If she sells the bond after 3 years for $33,333.50, she will have a capital loss.
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Personal Finance
Authors: Jane King, Mary Carey
2nd Edition
0198748779, 9780198748779
