A bond has an 6.25% coupon rate, maturing 4 Years from now.

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A bond has an 6.25% coupon rate, maturing 4 Years from now.  To buy this bond, you must invest $1,025 today.   What will your return on investment (yield) be? Approximate yield will suffice. 

    • 11 years ago
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    A bond has an 6.25% coupon rate, maturing 4 Years from now.
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