The market price is 1000 for a nine year bond 1000 par


The market price is 1000 for a nine year bond ($1000 par value) that pays 11 percent interest (5.5 percent semiannually). What is the bonds expected rate of return?

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Finance Basics: The market price is 1000 for a nine year bond 1000 par
Reference No:- TGS01400068

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