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How much money do have if hold the bond to? maturity

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Question 1: Consider an annual coupon bond with a face value of ?$100 11 years to? maturity, and a price of ?$78. The coupon rate on the bond is 6?%. If you can reinvest coupons at a rate of 2?% per? annum, then how much money do you have if you hold the bond to? maturity?

  • The total proceeds from holding the bond to maturity are ?$?

Reference no: EM132492467

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