Business, 26.10.2020 17:00 shayravirgen30

A mortgage bond issued by Automation Engineering is for sale for $8200. The bond has a face value of $10,000 with a coupon rate of 8% every six months, payable annually. What rate of return will be realized if the purchaser holds the bond to maturity 5 years from now

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A mortgage bond issued by Automation Engineering is for sale for $8200. The bond has a face value of...

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