Homework Assignment – Week 2
A 10-year, 7% coupon bond with a face value of $1,000 is currently selling for $871.65. Coupon your rate of return if you sell the bond next year for $880.10. You have paid $980.30 for an 8% coupon bond with a face value of $1,000 that matures in 5 years. You plan on holding the bond for 1 year. ................
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