Question: A six-year annual payment corporate bond has a required return of 9.5 percent and an 8 percent coupon. The face value is $1000. Its market
A six-year annual payment corporate bond has a required return of 9.5 percent and an 8 percent coupon. The face value is $1000. Its market value is $20 over it PV. What is the bond's E(r)?
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