Question
Suppose you purchase a 10-year bond with 6.2 % annual coupons. You hold the bond for four years, and sell it immediately after receiving the
Suppose you purchase a 10-year bond with 6.2 % annual coupons. You hold the bond for four years, and sell it immediately after receiving the fourth coupon. If the bond's yield to maturity was 5.3 % when you purchased and sold the bond,
a. What cash flows will you pay and receive from your investment in the bond per $ 100 face value?
b. What is the annual rate of return of your investment?
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Essential Wholesaling Strategies For Real Estate Success
Authors: Farisg H. Al-farisi
1st Edition
979-8866103171
