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On the issue date, you bought a 30-year maturity, 5.75% semi-annual coupon bond. The bond then sold at YTM of 6.25%. Now, 6 years later,
- On the issue date, you bought a 30-year maturity, 5.75% semi-annual coupon bond. The bond then sold at YTM of 6.25%. Now, 6 years later, the similar bond sells at YTM of 4.95%. If you hold the bond now, what is your realized rate of return for the 6-year holding period?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
