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Please use excel to answer it an show all formulas. Suppose you buy a 10 percent coupon bond (paid annually) maturing in 15 years with
Please use excel to answer it an show all formulas.
Suppose you buy a 10 percent coupon bond (paid annually) maturing in 15 years with a yield to maturity of 8 percent now. If the interest rate (YTM) decline from 8 percent to 7 percent one year later. Compute the realized rate of return from your investment. Assume face value = $1000.
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