Compute the bond rate expected rate of return


Problem:

National Steel 15-year $1,000 per value bonds pay 8% interest annually? The market price of the bonds is $1,085 and you required rate of return 10%.

Required:

Question: Compute the bond's rate expected rate of return?

Note: Please show basic calculation

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Accounting Basics: Compute the bond rate expected rate of return
Reference No:- TGS0888019

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