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what is the rate of return for an investor who pays $1,054.47 for a 3 year $1,000 bond with a coupon of 6.5% and sells
what is the rate of return for an investor who pays $1,054.47 for a 3 year $1,000 bond with a coupon of 6.5% and sells the bond 1 year later for 1,037.19?
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
