Solved: Exxon 20 year bonds pay 9 coupon annually on a 1000 par, Basic Statistics

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Exxon 20 year bonds pay 9 coupon annually on a 1000 par

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Exxon 20 year bonds pay 9% coupon annually on a $1,000 par value. If the bond sells for $945, what is the bonds expected rate of return?

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Basic Statistics: Exxon 20 year bonds pay 9 coupon annually on a 1000 par

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Basic Statistics: Exxon 20 year bonds pay 9 coupon annually on a 1000 par

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