Question
On the issue date you bought a 20 year maturity, 6% semiannual coupon Bond. The bond then sold at YTM of 7%. Now four years
On the issue date you bought a 20 year maturity, 6% semiannual coupon Bond. The bond then sold at YTM of 7%. Now four years later the similar Bond sells at YTM of 5%. If you hold the bond now, what is your realized rate of return for the 4-year holding.
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
