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Refer to Table 101 which is based on bonds paying 10 percent interest for 20 years. Assume interest rates in the market yield to maturity
Refer to Table 101 which is based on bonds paying 10 percent interest for 20 years. Assume interest rates in the market yield to maturity decline from 6 percent to 6 percent a. What is the bond price at 6 percent Bond price b. What is the bond price at 6 percent Bond price c. What would be your percentage return on investment if you bought when rates were 15 percent and sold when rates were 6 percent? Do not round Intermediate calculations. Input your answer se percent rounded to 2 decimal places) Ruturn on investment Refer to Table 101 which is based on bonds paying 10 percent interest for 20 years. Assume interest rates in the market yield to maturity decline from 6 percent to 6 percent a. What is the bond price at 6 percent Bond price b. What is the bond price at 6 percent Bond price c. What would be your percentage return on investment if you bought when rates were 15 percent and sold when rates were 6 percent? Do not round Intermediate calculations. Input your answer se percent rounded to 2 decimal places) Ruturn on investment
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