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Mathematics
06.08.2021 11:19
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What is the yield on a corporate bond with a $1000 face value purchased at a discount

What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850, if
it pays 7% fixed interest for the duration of the
bond?
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JojoSiwa901
JojoSiwa901
5,0(9 marks)

1) 8

2) 21

3) 9

Step-by-step explanation:

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