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Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $985. What would be your bond equivalent yield if
Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $985. What would be your bond equivalent yield if you sold the bond for current market price of $1,050? Question Viewer Your bond equivalent yield, if you sold the bond for current market price, is 5.03 %. (Round to two decimal places.)
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
