Six years ago bradford community hospital issued 20-year, Ask an Expert

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Six years ago, Bradford Community Hospital issued 20-year municipal bonds with a 7 percent annual coupon rate.

The bonds were called today for a $70 call premium--that is, bondholders received $1,070 for each bond.

What is the realized rate of return for those investors who bought the bonds for $1,000 when they were issued?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91919668

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