You purchase a 1 0 - year, 1 0 % annual coupon bond for $ 1 1

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Question:

You purchase a

10 -

year,

10 %

annual coupon bond for $

1124.21,

what is your annual mate of return if you hold it to maturity and reinvest your coupons at

8 %

per year?

Posted Date: May 19, 2024 02:11 AM

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You purchase a 1 0 - year, 1 0 % annual coupon bond for $ 1 1

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