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QUESTION 1 10 PG You bought a coupon bond for $900. This bond has a 10% annual coupon rate and a face value of $1,500.
QUESTION 1 10 PG You bought a coupon bond for $900. This bond has a 10% annual coupon rate and a face value of $1,500. What price must you sell the bond for if you plan on holding the bond for one year and want to earn a 10% rate of return on this investment? Hint: the price at the end of year 0 is equal to $900. You just need to find the price at the end of year 1. $900.00 $1,018.33 $988.33 O $840.00
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