Exam #1
Spring 2017. Good Luck! ... Suppose that you were bullish on bonds and bought one 3 year GS with a coupon rate of 3% on 11/07/2016, the day before the election (data is in Table above). The face value of the bond is $1,000 as is normal. ... “Merck was the best percentage gainer among the Dow industrials, rising $1.07, or 3.8%, to $29.48. ... ................
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