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You are purchasing a 10-year $1,000 bond with 8% coupon rate paid annually at price of $780. If you hold this bond to maturity, what
You are purchasing a 10-year $1,000 bond with 8% coupon rate paid annually at price of $780. If you hold this bond to maturity, what is your rate of retur on this bond?
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Personal Finance
Authors: Jeff Madura
4th Edition
0136117007, 9780136117001
