You just bought a corporate bond for $863.75 today. In five years the bond will mature and

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You just bought a corporate bond for $863.75 today. In five years the bond will mature and you will receive $1,000. What is the rate of return on this bond?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:25 AM

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You just bought a corporate bond for $863.75 today. In five years the bond will mature and

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Amount to be borrowed PV 86375 Amount to be paid b...View the full answer

Fundamentals of corporate finance

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