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You just bought a 2 0 - year bond that has just been issued and pays an annual coupon of $ 8 0 , has
You just bought a year bond that has just been issued and pays an annual coupon of $ has a face value par of $ and has a yield to maturity of Suppose you expect to reinvest the coupon payments at annually for the next five At the end of year the yield to maturity is expected to be What is the expected ending value of your investment at the end of year Answer all of the followings:
FV coupon reinvestment
Selling price at end of year
EV
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