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Suppose that today you buy a bond with an annual coupon of 9 percent for $1,040. The bond has 18 years to maturity. What rate
Suppose that today you buy a bond with an annual coupon of 9 percent for $1,040. The bond has 18 years to maturity. What rate of return do you expect to earn on your investment? xpected rate of return 8.56 % wo years from now, the YTM on your bond has declined by 1 percent, and you decide to sell. What price will your bond sell for? Bond price $ 1131.13 What is the HPY on your investment????????????? answer in five min for stars
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