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A bond has a face value of 25,000 and pays an annual coupon rate 5.6% the bond is selling for 24,620 now and it’s expect

Posted: Tue Nov 16, 2021 8:15 am
by answerhappygod
A bond has a face value of 25,000 and pays an annual coupon rate
5.6% the bond is selling for 24,620 now and it’s expected to be
sold for 24,840 One year from now what is the bonds expected
rate of return