5 years ago, you paid $1065 for a $1,000 par bond that has a 7% coupon with...
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5 years ago, you paid $1065 for a $1,000 par bond that has a 7% coupon with semiannual payments. You are selling it today for $976. You reinvested coupons at the 4% annual rate. What is your total return?
Related Book For
Optimization Models
ISBN: 9781107050877
1st Edition
Authors: Giuseppe C. Calafiore, Laurent El Ghaoui
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