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borteleto borteleto
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5 years ago
A Heights Inc. bonds have a coupon rate of 7%, a yield to maturity of 10%, a face value of $1,000, and mature in 10 years. Which of the following statements is MOST correct?
A) An investor who purchases the bond today will earn a return of 10% if he sells the bond after one year.
B) An investor who purchases the bond today will earn a return of 7% if he sells the bond after one year.
C) An investor who purchases the bond today will earn a return of 17% per year if he holds the bond until it matures.
D) An investor who purchases the bond today will earn a return of 10% per year if he holds the bond until it matures.
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DeanaRayDeanaRay
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5 years ago
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borteleto Author
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#2
5 years ago
My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver Slight Smile
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