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Business, 06.07.2021 23:40 23basu3

3. A Thai baht bond with a coupon of 9.5% is initially priced at its face value of Bt 1,000. At the end of one year, the bond is selling for Bt 1,050. If the initial spot rate was Bt 25 = $1, at what end of year exchange rate will the dollar return on the bond just equal 10%?

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3. A Thai baht bond with a coupon of 9.5% is initially priced at its face value of Bt 1,000. At the...
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