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Business, 25.07.2020 17:01 jdkrisdaimcc11

You buy a bond with a $1,000 par value today for a price of $890. The bond has 6 years to maturity and makes annual coupon payments of $78 per year. You hold the bond to maturity, but you do not reinvest any of your coupons. What was your effective EAR over the holding period

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You buy a bond with a $1,000 par value today for a price of $890. The bond has 6 years to maturity a...

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