1)
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Mathematics, 20.10.2019 09:00 katie673
What is the rate of return on a $5000 bond purchased at $4750 with a 12% coupon?
1)
10.71%
2)
12.63%
3)
11.4%
4)
12%
how do i solve this?
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What is the rate of return on a $5000 bond purchased at $4750 with a 12% coupon?
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