Pearson eText Foundations of Finance -- Instant Access (Pearson+)
Pearson eText Foundations of Finance -- Instant Access (Pearson+)
10th Edition
ISBN: 9780135639382
Author: Arthur Keown, John Martin
Publisher: PEARSON+
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Chapter 2, Problem 5RQ
Summary Introduction

 To discuss: Investment banker and his functions.

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What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par?
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You bought a bond five years ago for $935 per bond. The bond is now selling for $980. It also paid $75 in interest per year, which you reinvested in the bond. Calculate the realized rate of return earned on this bond.   I want to learn how to solve this on my financial calculator. Can you show me how to solve it through there.
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