You wish to expand your bond portfolio and have the, Financial Management

You wish to expand your bond portfolio and have the

You wish to expand your bond portfolio and have the following information regarding a possible bond investment: Par: $100 Maturity: 5 years Coupon: 12% per annum Yield to Maturity: 8% If the current market value of the bond is $121.60 would you buy the bond? Why or why not?

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Financial Management: You wish to expand your bond portfolio and have the

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Financial Management: You wish to expand your bond portfolio and have the

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