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?

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Optimization Models

ISBN: 9781107050877

1st Edition

Authors: Giuseppe C. Calafiore, Laurent El Ghaoui

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Posted Date: Mar 02, 2024 11:20 AM

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5 years ago, you paid $1065 for a $1,000 par bond that has a 7% coupon with...

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Heres how to calculate your total return on the bond 1 Calculate the annual coupon payment Annual co... View the full answer

Optimization Models

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