10 pts Brock purchased a 6% bond from Pierre Industries last year at par. Currently...
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10 pts Brock purchased a 6% bond from Pierre Industries last year at par. Currently the bond sells for $748 and has 7 years to maturity. If York buys the bond today, how does Brock's rate of return compare to York's yield to maturity? Brock's rate of return - York's yield to maturity Brock's rate of return > York's yield to maturity Brock's rate of return
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