What would the rate of return be on a bond bought for $1,000 and sold one year
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What would the rate of return be on a bond bought for $1,000 and sold one year later for $800? The bond has aface value of $1,000 and a coupon rate of 8%.
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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