Question: Question 19 4 pts Your Aunt Molly has found a $1,000 par, 13.5% annual coupon bond that matures in 30 years which is currently selling
Question 19 4 pts Your Aunt Molly has found a $1,000 par, 13.5% annual coupon bond that matures in 30 years which is currently selling for $1,462. If she buys this bond today, what is her expected rate of return? Stated in another way, what is the bond's expected yield to maturity? Remember that Aunt Molly hates approximations, and will accept only correctly computed returns. 9.0% 10.6% 12.0% 13.5% 15.1%
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