What rate of return will be realized if the purchaser holds, Financial Management

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What rate of return will be realized if the purchaser holds

A mortgage bond issued by Automation Engineering is for sale for $8,300. The bond has a face value of $10,000 with a coupon rate of 10% per year, payable semi-annually. What rate of return will be realized if the purchaser holds the bond to maturity 9 years from now? The rate of return will be % per year.

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Financial Management: What rate of return will be realized if the purchaser holds

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