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Business, 08.11.2019 04:31 bear342

Afirm has issued $1,000 bonds with a 3% coupon interest rate paid semi-annually. the bonds mature 10 years from now and may be purchased for $800 each. what effective annual rate of return would you receive if you purchased the bond now and held it to maturity 10 years from now?

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Afirm has issued $1,000 bonds with a 3% coupon interest rate paid semi-annually. the bonds mature 10...
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