7 19 You just bought a zero-coupon bond for $155. The face value is $1,000, and...
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问题7 19 You just bought a zero-coupon bond for $155. The face value is $1,000, and the maturity is 20 years. Compute the ANNUAL rate of return of your investment if you sell the bond in exactly 5 years. Assume that the YTM in 5 years will be 6%. Please enter your answer as %. For example, if your answer is 2.34%, please enter 2.34. Round to two decimal places. 问题7 19 You just bought a zero-coupon bond for $155. The face value is $1,000, and the maturity is 20 years. Compute the ANNUAL rate of return of your investment if you sell the bond in exactly 5 years. Assume that the YTM in 5 years will be 6%. Please enter your answer as %. For example, if your answer is 2.34%, please enter 2.34. Round to two decimal places.
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Salution Let us draw a time line 5 20 o years 155 1000 X To compute annual rate of ... View the full answer
Related Book For
Business Communication
ISBN: 978-1439080153
8th edition
Authors: Buddy Krizan, Patricia Merrier, Joyce P. Logan, Karen Schneiter Williams
Posted Date:
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