Rudolf is considering purchasing a German government bond that pays annual interest of 50 per 1,000 of

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Rudolf is considering purchasing a German government bond that pays annual interest of €50 per €1,000 of par value. The bond matures in one year, and at that time he will collect the par value and the interest payment. If he can purchase the bond for €950, what is the holding period return?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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