A bond has a face value of $20000 and pays an annual coupon rate of 5.3%. The bond is selling for $19750 now and is expe
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A bond has a face value of $20000 and pays an annual coupon rate of 5.3%. The bond is selling for $19750 now and is expe
of 5.3%. The bond is selling for $19750 now and is expected to be
sold for $20420 one year from now. What is the bond's expected rate
of return? Answer:
A bond has a face value of $20000 and pays an annual coupon rate of 5.3%. The bond is selling for $19750 now and is expected to be sold for $20420 one year from now. What is the bond's expected rate of return? Answer: