Question: Question 33 of 34 Gestion 33 2 points Save Answer You purchase a 9-year bond at $97 per $100 par value that pays a 6.8%
Question 33 of 34 Gestion 33 2 points Save Answer You purchase a 9-year bond at $97 per $100 par value that pays a 6.8% coupon per annum. Further assume that bond pays coupon semi-annually, and coupons can be reinvested at 3.8% semi-annually for first 6 years. The yield to maturity of a (9-6-years comparable bond after 8 years is 5%. If you hold the bond for 6 years, what will be your total return? Please write the answer in four decimal places and NOT PERCENTAGE. Please note that one to take innbrottoncessors manos
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