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Home / Questions / Suppose you were offered a 12-year 15% coupon $1000 par value bond at a price of $1,298.68...

Suppose you were offered a 12-year 15% coupon $1000 par value bond at a price of $1,298.68. What rate of interest yield to maturity would you earn if you bought the bond and held it to maturity

Suppose you were offered a 12-year, 15% coupon, $1,000 par value bond at a price of $1,298.68. What rate of interest (yield to maturity) would you earn if you bought the bond and held it to maturity (at semiannual interest)? View Solution:

Jun 16 2020 View more View Less

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