Scooter wishes to sell a bond that has a face value of 1009
Scooter wishes to sell a bond that has a face value of $1009. The bond bears an interest rate of 15.88% with bond interest payable quarterly. Three years ago, $974 was paid for the bond. At least a 21.52% return (yield) on the investment is desired.
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scooter wishes to sell a bond that has a face value of 1009 the bond bears an interest rate of 1588 with bond interest
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