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Turkish treasury has issued a 5-year,semi annual coupon paying bond with an interest rate %15.The yield-to-maturity of the bond is 16,50%. (nominal value: 1000 TL)
Turkish treasury has issued a 5-year,semi annual coupon paying bond with an interest rate %15.The yield-to-maturity of the bond is 16,50%. (nominal value: 1000 TL) A) What is the price of this bond? B) If you hold this bond for 2 years and sell when the yield is 19%,what is the holding period rate of return
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