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?

Answers: 3

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What is the rate of return on a $5000 bond purchased at $4750 with a 12% coupon?

1)