Engineering, 15.02.2020 03:45, dpazmembreno

A mortgage bond issued by Automation Engineering is for sale for $8,200. The bond has a face value of $10,000 with a coupon rate of 11% per year, payable monthly. What rate of return will be realized if the purchaser holds the bond to maturity 8 years from now

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A mortgage bond issued by Automation Engineering is for sale for $8,200. The bond has a face value o...