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Homework answers / question archive / Consider an annual coupon bond with a face value of ?$100?, 4years to? maturity, and a price of ?$75

Consider an annual coupon bond with a face value of ?$100?, 4years to? maturity, and a price of ?$75

Finance

Consider an annual coupon bond with a face value of ?$100?, 4years to? maturity, and a price of ?$75. The coupon rate on the bond is 3?%. If you can reinvest coupons at a rate of 1.5?% per? annum, then how much money do you have if you hold the bond to? maturity?

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