What will be the rate of return on the bond
Problem
A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $118 and is selling at face value. What will be the rate of return on the bond if its yield to maturity at the end of the year?
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However, there is a 50% chance that Casino will default and bondholders will receive nothing. What is the expected yield on the bonds?
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What will be the rate of return on the bond if its yield to maturity at the end of the year?
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What are the unique properties and characteristics of urushi, raw lacquer? Describe how urushi, lacquer is used in creating art.
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