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What is the total return to an investor who buys a bond for $1,155 when the bond has a 11.50% coupon rate and 3 years
| What is the total return to an investor who buys a bond for $1,155 when the bond has a 11.50% coupon rate and 3 years remaining until maturity, then sells the bond after 1 year for $1,135? |
| 8.32% | |
| 11.50% | |
| 8.23% | |
| 9.05% |
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Probability For Risk Management
Authors: Matthew J. Hassett, Donald G. Stewart
2nd Edition
156698548X, 978-1566985482
