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A bond has a par value of $1000, a time to maturity of 8 yea

Thesis Help Finance A bond has a par value of $1000, a time to maturity of 8 yea

Finance

A bond has a par value of $1000, a time to maturity of 8 yea

A bond has a par value of $1000, a time to maturity of 8 years, and a coupon rate of 6% with interes… Show more A bond has a par value of $1000, a time to maturity of 8 years, and a coupon rate of 6% with interest paid annually.If the current market price is $765, Suppose the interest rate falls to 9% right after the bond is purchased and stay at that level. What will be the holders’s holding period yield if the bond is sold after 2 year ? • Show less

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