At beginning of year you bought 1000 par value corporate


At beginning of year you bought 1,000 par value corporate bond with an annual coupon rate of 13%. Maturity = 15 years. expected yield to maturity is 11%. today bond sells for $1320.00. A. What did you pay for the bond? B. If you sell the bond today, your one year period return on the investment is?

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Financial Management: At beginning of year you bought 1000 par value corporate
Reference No:- TGS01416467

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