Jed is considering purchasing a 725 bond that has 12 years
Jed is considering purchasing a 7.25% bond that has 12 years to maturity. Jed’s required return on the bond is 8.2% and he has been offered the bond at a price of $945. In basis points, what excess return does the bond offer Jed?
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jed is considering purchasing a 725 bond that has 12 years to maturity jedrsquos required return on the bond is 82 and
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