Mathematics, 17.06.2020 10:57 0143623
It is said that some company's bonds pay coupons every year and have a coupon rate of 6.45% and a maturity of 11 years. If the face value is $1,000 market price is $994, what is the post-tax return on the bond? The tax rate is said to be 21%.
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It is said that some company's bonds pay coupons every year and have a coupon rate of 6.45% and a ma...
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