Mary wants to invest her recent bonus in a 10-year bond that pays a coupon of...
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Mary wants to invest her recent bonus in a 10-year bond that pays a coupon of 12 percent semiannually. The bonds are selling at $1119.95 today. If she buys this bond and holds it to maturity, what would be her yield? 10.1% 10.6% 11.1% 11.6% 12.1% 12.6% Mary wants to invest her recent bonus in a 10-year bond that pays a coupon of 12 percent semiannually. The bonds are selling at $1119.95 today. If she buys this bond and holds it to maturity, what would be her yield? 10.1% 10.6% 11.1% 11.6% 12.1% 12.6%
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Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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