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Business, 16.11.2019 06:31 23jazzy

Abond has a face value of $1,000, a coupon of 5% paid annually, a maturity of 34 years, and a yield to maturity of 8%. what rate of return will be earned by an investor who purchases the bond for $652.39 and holds it for 1 year if the bond’s yield to maturity at the end of the year is 9%? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places. negative amount should be indicated by a minus sign.)

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Abond has a face value of $1,000, a coupon of 5% paid annually, a maturity of 34 years, and a yield...
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