Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Find the total return earned by the bond with
the characteristics shown in the table. Face
Value $14,000 Annual Interest Rate 6.09%
Term to Maturity 4 months What is the total
return earned by this bond? $ (Round to the
nearest cent as needed.)
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Transcribed Image Text:Find the total return earned by the bond with the characteristics shown in the table. Face Value $14,000 Annual Interest Rate 6.09% Term to Maturity 4 months What is the total return earned by this bond? $ (Round to the nearest cent as needed.)
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