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Business, 24.03.2020 03:06 Jayla1029

Suppose that on Jan. 1 2018 you bought a bond at par with the following characteristics: Face Value = $20,000 Coupon rate = 4% Maturity Date = Jan. 1 2020 (2 points) How much did you pay for the bond? (4 points) Calculate your rate of return if you hold the bond for a year and then sell it, assuming the market interest rate rises by 1 percentage point from the date when you bought the bond. Question 5 options:

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Suppose that on Jan. 1 2018 you bought a bond at par with the following characteristics: Face Value...

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