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Business, 03.12.2021 16:30 angelcamacho0219

The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. If the price of the bond then falls by $250, what will be the interest rate yield to a new buyer of the bond

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The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest pay...
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