Question
one year ago an investor purchased a 10-year 8% coupon bond at par of $1,000. today (with 9 years to maturity) the bond is priced
one year ago an investor purchased a 10-year 8% coupon bond at par of $1,000. today (with 9 years to maturity) the bond is priced at to yield 7.15%. if the bond is sold, what is the total return to the investor (interest plus appreciation) for 1 year holding period?
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Financial Management For Nurse Managers Merging The Heart With The Dollar Merging The Heart With The Dollar
Authors: J. Michael Leger, Janne Dunham-Taylor
4th Edition
1284127257, 978-1284127256
