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Business, 24.07.2020 18:01 maddieeelllis3956

A corporate bond pays 3% of its face value once per year. If this $4 comma 000 10-year bond sells now for $4 comma 450, what yield will be earned on this bond? Assume the bond will be redeemed at the end of 10 years for $4 comma 000.

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A corporate bond pays 3% of its face value once per year. If this $4 comma 000 10-year bond sells no...
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