Four years ago lisa stills bought six-year 1209 percent, Ask an Expert

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Four years ago, Lisa Stills bought six-year, 12.09 percent coupon bonds issued by the Fairways Corp. for $947.68. If she sells these bonds at the current price of $904.74, what will be her realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424600

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