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Title: Suppose you purchased a $1000 par-value bond in 2003 for $650. Its stated interest rate is 6 percent ...
Post by: lemn8 on Oct 11, 2017
Suppose you purchased a $1000 par-value bond in 2003 for $650. Its stated interest rate is 6 percent and it matured in 2013. What was your yield?
A) 7.2 percent
B) 9.2 percent
C) 6.1 percent
D) 10.4 percent
E) 8.4 percent


Title: Re: Suppose you purchased a $1000 par-value bond in 2003 for $650. Its stated interest rate is 6 ...
Post by: MrEdd on Oct 11, 2017
B