Are you willing to buy a 9% coupon bond with a $1,000 par value and 5 year

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Are you willing to buy a 9% coupon bond with a $1,000 par value and 5 year term to maturity, for which interest is paid semiannually? (The current market price is $895, and your target return is 10% a year). Why or why not?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Dec 15, 2023 03:12 AM

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Are you willing to buy a 9% coupon bond with a $1,000 par value and 5 year

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Foundations of Financial Management

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