FOUNDATIONS OF FINANCE-MYFINANCELAB
FOUNDATIONS OF FINANCE-MYFINANCELAB
10th Edition
ISBN: 9780135160619
Author: KEOWN
Publisher: PEARSON
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Chapter 7, Problem 27SP

(Bondholders expected rate of return) You purchased a bond for $1,100. The bond has a coupon rate of 8 percent, which is paid semiannually. It matures in 7 years and has a par value of $1,000. What is your expected rate of return?

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FOUNDATIONS OF FINANCE-MYFINANCELAB

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What happens to my bond when interest rates rise?; Author: The Financial Pipeline;https://www.youtube.com/watch?v=6uaXlI4CLOs;License: Standard Youtube License