Question
There is a time limit An investor purchases a 30-year, zero coupon bond with a face value of $1,000 and a yield to maturity of
There is a time limit
An investor purchases a 30-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 4.5%. She sells this bond ten years later. What is the rate of return on her investment, assuming the maturity does not change?
______% (round to 1 decimal, include - if the value is negative)
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
