Business
Business, 24.11.2020 16:30, smilingntn33p7pqpp

Rosita purchased a bond for $991.23. She sold the bond for $1,003.42 after 6 months and earned a total return of 5.40% on this investment. Suppose this bond has semiannual interest payments, then what should be the coupon rate of it?

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Rosita purchased a bond for $991.23. She sold the bond for $1,003.42 after 6 months and earned a tot...

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