Tara bought a corporate bond with a face value of 20000 at


Tara bought a corporate bond with a face value of $20,000 at a discounted price of $18,000. The bond pays a dividend every year payable quarterly. What is the quarterly dividend Tara should get if she hopes to get a 12% return on her investments? Assume the bond matures in 20 years and she will keep the bond till maturity.

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Business Economics: Tara bought a corporate bond with a face value of 20000 at
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