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no excel please Consider a 7.7% coupon $100,000 face semi-annual ABC Corp. bond maturing June 20, 2033. Bill buys this bond from Susan on June
no excel please
Consider a 7.7% coupon $100,000 face semi-annual ABC Corp. bond maturing June 20, 2033. Bill buys this bond from Susan on June 20, 2022 for $90,683.76 and sells it to you on December 20, 2027 for $97,088.84. What is Bill's realized yield on this investment (rounded % to three places after the decimal)? Note: Transaction dates are settlement dates. Correct Answer: 9.498 0.001Step by Step Solution
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