On January 1, 2020 you bought the Superset bond at $ 1118.07 and sold it on March
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Question:
On January 1, 2020 you bought the Superset bond at $ 1118.07 and sold it on March 15 of the same year. On the day of the sale, the following information could be read from the financial pages of a daily newspaper in the region:
Coupon Deadline Price Yield
SuperSet 8 15TH September/2025 --- 8
8
What is the effective annual return on this investment?
Related Book For
Accounting Introduction To Financial Accounting
ISBN: 9781517089719
1st Edition
Authors: Henry Dauderis, David Annand
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