An investor is considering the purchase of a(n) 8.000%,15 year corporate bond that's being priced...
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An investor is considering the purchase of a(n) 8.000%,15 year corporate bond that's being priced to yield 10.000%, She thinks that in a year, this bond wal be priced in the market fo yied 9.000%. Using annual compounding. find the price of the bond today and in 1 year. Next, find the holding period retum on this invostrient, assuming that the investor's expoclations are bome out The pnce of the bond today is t (Round to thie nearest cent)
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