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You currently purchase a XYZ 10%, 30 Year bond with a $100 face value for 109.72 If you bought the bond today and sold it
You currently purchase a XYZ 10%, 30 Year bond with a $100 face value for 109.72
- If you bought the bond today and sold it after 11 years, what is your cash flow yield if its yield to maturity at the end of 11 years was 11%.
- What is your realized compound yield if you held the bond for 11 years if the reinvestment rate (R) was 11%?
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
