Business, 13.06.2020 21:57 sarah8479

Last year Janet purchased a $1,000 face value corporate bond with an 9% annual coupon rate and a 10-year maturity. At the time of the purchase, it had an expected yield to maturity of 10.17%. If Janet sold the bond today for $1,101.03, what rate of return would she have earned for the past year

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Last year Janet purchased a $1,000 face value corporate bond with an 9% annual coupon rate and a 10-...

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