Question: i need the answer quickly You can purchase a U.S corporate bond from you broker for $1,099.50. The bond has six years to maturity, and
i need the answer quickly
You can purchase a U.S corporate bond from you broker for $1,099.50. The bond has six years to maturity, and a coupon rate of 5 percent. Another broker offers you a dollar Eurobond (a dollar-denominated bond sold overseas) with an annualized yield of 3.17 percent, which is denominated in U.S. dollars and has the same maturity and credit rating as U.S. corporate bond. Which bond should you buy? Show your work
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