You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000

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You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000 after 12 years. What rate of return do you expect to earn?

Related Book For answer-question

Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Posted Date: Feb 15, 2023 01:57 AM

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You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000

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Introduction to Operations Research

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