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Newbond has a bond outstanding with semi annual payments of $60 and a market price of $950. The bond matures in 15 years. Find the
Newbond has a bond outstanding with semi annual payments of $60 and a market price of $950. The bond matures in 15 years. Find the following(note all rates are semi-annual j2): a. The coupon yield. b. The current yield. c. The yield to maturity. d. The yield the investor would realize if they reinvest coupon payments at 8% (holding period return)
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