You forecast is that the bonds ytm will be 7 when it is


Suppose you buy a 20 year bond 7.5 annual coupon for 980 when it's YTM 7.67 and you plan to hold the bond for 8 years You forecast is that the bonds YTM will be 7 when it is sold and that the reinvestment rate on coupons will be 5 What is the realized compound return.

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Financial Management: You forecast is that the bonds ytm will be 7 when it is
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