trevor price bought 10 year bonds issued harvest foods five years ago 98569 bonds make semia

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April 2, 2021
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April 2, 2021
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trevor price bought 10 year bonds issued harvest foods five years ago 98569 bonds make semia

Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $985.69. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,099.94, what is the yield that Trevor would earn by selling the bonds today?

 
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