The break-even purchase price. Introduction: Investors invest in bonds to ensure regular income (interest income) on their investments. Bondholders are the investors who are risk averse.

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Chapter 7, Problem 30QAP

Summary Introduction

To compute: The break-even purchase price.

Introduction: Investors invest in bonds to ensure regular income (interest income) on their investments. Bondholders are the investors who are risk averse.

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