Question: QUESTION 7 A 3-year, 6% coupon, semiannual-pay note has a yield to maturity of 5.5%. If an investor holds this note to matunty and earns
QUESTION 7 A 3-year, 6% coupon, semiannual-pay note has a yield to maturity of 5.5%. If an investor holds this note to matunty and earns a 4.5% return on reinvested coupon income, his realized yield on the note is closest to A) 5.46% B) 5.57% C) 5.68% OA
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