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Question Help Problem 7-25 (similar to) (Expected rate of return) Assume you own a bond with a market value of $1,150 that matures in 9
Question Help Problem 7-25 (similar to) (Expected rate of return) Assume you own a bond with a market value of $1,150 that matures in 9 years. The par value of the bond is $1,000. Interest payments of $45 are paid semiannually. What is your expected rate of return on the bond? Your expected rate of return on the bond is 1%. (Round to two decimal places.) nd
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