You have purchased a 3 year zero coupon bond with face value of $1000 and...
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Accounting
You have purchased a 3 year zero coupon bond with face value of $1000 and a price of $850a) what is YTM of this bond? b) suppose you hold this bond to maturity, what is the annual rate of return (annualized holding period return)?
a) what is YTM of this bond?
b) suppose you hold this bond to maturity, what is the annual rate of return (annualized holding period return)?
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