Question
Suppose you bought the 8.5% coupon NII Capital Corp. bond maturing in 8 years one year ago for $550 and sold it one year later
Suppose you bought the 8.5% coupon NII Capital Corp. bond maturing in 8 years one year ago for $550 and sold it one year later for $700. Assume semi-annual coupons and compounding.
What return would you have earned on that investment?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
