Calculate Sale proceeds and yield to maturity. FV = 1000; Coupon rate = 0; maturity 20 years;

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Calculate Sale proceeds and yield to maturity.

FV = 1000;

Coupon rate = 0;

maturity 20 years;

bond yield = 12%

Commission = 4%

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Oct 25, 2023 12:34 AM

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Calculate Sale proceeds and yield to maturity. FV = 1000; Coupon rate = 0; maturity 20 years;

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In this case the bond is a zerocoupon bond which means it does not p... View the full answer

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