Business, 22.01.2020 23:31 qqbear4555

Seven years ago, goodwynn & wolf incorporated sold a 20-year bond issue with a 14% annual coupon rate and a 9% call premium. today, g& w called the bonds. the bonds originally were sold at their face value of $1,000. compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price.

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