Business, 25.12.2020 19:00 haza1873

You bought a 1000 par value callable bond right after a coupon payment and paid 918 for it. You held it until it was called for 1100 (prior to maturity). The bond had a coupon rate of 9% payable semi-annually. The nominal yield rate convertible semi-annually was 10%. For how many years did you hold the bond

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You bought a 1000 par value callable bond right after a coupon payment and paid 918 for it. You held...