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You invest $1,000 in a junk bond that pays no interest but promises to pay back $10,000 after 8 years.What rate of return do you
You invest $1,000 in a junk bond that pays no interest but promises to pay back $10,000 after 8 years.What rate of return do you expect to earn?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
