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Five years ago, you purchased an 8% coupon bond for 975$. Today you sold the bond for 1000$.Tax rate is 20%

What is the rate of return if all the coupons were reinvested at 8.64%?

What is the rate of return if all coupons were reinvested at 4%?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92869198

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