Twitching & Birdwatching4 mins ago
Coupon Bond Returns
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what are the annual returns for (a) a junk bond thats sells for $90 and makes semi annual coupon pmt of 6%?(b)a blue-chip corporate bond that sells for $93 with semi annual pmt of 3.5% (c) zero-coupon bond sells for $85. All mature in 5 years.
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