Legrand1732 Legrand1732

21-11-2022
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a bond has a par value of $1,000, a time to maturity of 20 years, a coupon rate of 10% with interest paid annually, a current price of $850 and a yield to maturity of 12%. intuitively and without the use calculations, if interest payments are reinvested at 10%, the realized compound yield on this bond must be

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