Realized yield: Trevor Price bought 10-year bonds issued by Harvest Foods fi ve years ago...
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Realized yield: Trevor Price bought 10-year bonds issued by Harvest Foods fi ve years ago for $936.05. Th e bonds make semiannual coupon payments at a rate of 8.4 percent. If the cur-rent price of the bonds is $1,048.77, what is the yield that Trevor would earn by selling the bonds today? *USING BASIC FORMULA
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