You just bought a corporate bond for $863.75 today. In five years the bond will mature and
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You just bought a corporate bond for $863.75 today. In five years the bond will mature and you will receive $1,000. What is the rate of return on this bond?
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Amount to be borrowed PV 86375 Amount to be paid b...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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