Question: Last year, Joan purchased a $ 1 , 0 0 0 face value corporate bond with an 1 0 % annual coupon rate and 1
Last year, Joan purchased a $ face value corporate bond with an annual coupon rate and year maturity. At the time of the purchase, it had an expected yield to maturity of If Joan sold the bond today for $ what rate of return would she have earned for the past year? Round your answer to two decimal places. Bond returns Last year, Joan purchased a $ face value corporate bond with an annual coupon rate and a year maturity. At the time of the purchase, it had an expected yield to maturity of If Joan sold the bond today for $ what rate of return would she have earned for the past year? Round your answer to two decimal places.
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