Ruth hornsby is looking to invest in a three-year bond that
Ruth Hornsby is looking to invest in a three-year bond that makes semiannual coupon payments at a rate of 5.375 percent. If these bonds have a market price of $987.61, what yield to maturity and effective annual yield can she expect to earn?
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ruth hornsby is looking to invest in a three-year bond that makes semiannual coupon payments at a rate of 5375 percent
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josh kavern bought 10-year 101 percent coupon bonds issued by the us treasury three years ago at 90738 if he sells
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