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please show work Consier a one year bond at $750 with a coupon of 8%. What is the yield to maturity? Suppose there's a 40%
please show work Consier a one year bond at $750 with a coupon of 8%. What is the yield to maturity? Suppose there's a 40% probability of default, and in the event of a default there would be a 75% recovery rate. Suppose in the event of a default the company would pay zero interest back. What is the expected return on the bond
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
