Trevor price bought 10-year bonds issued by harvest foods

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Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $979.13. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,038.29, what is the yield that Trevor would earn by selling the bonds today.

Reference no: EM13391011

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Trevor price bought 10-year bonds issued by harvest foods : trevor price bought 10-year bonds issued by harvest foods five years ago for 979.13. the bonds make semiannual coupon

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