You have purchased a 1000 municipal bond for 900 this bond


You have purchased a $1000 municipal bond for $900. This bond has 10 years remaining until maturity and pays you a dividend of $50 per year. Explain how you would calculate the rate of return for this bond.

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Business Economics: You have purchased a 1000 municipal bond for 900 this bond
Reference No:- TGS01420632

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