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Chris buys an 11-year, $38,755.25, a zero-coupon bond with an annual YTM of 7.37%. If he sells the bond after 6 years for __________, he will have a __________ profit.   A. $25,719.92 / break-even B. $26,475.80 / positive C. $28,905.51 / negative D. None of the above

Chris buys an 11-year, $38,755.25, a zero-coupon bond with an annual YTM of 7.37%. If he sells the bond after 6 years for __________, he will have a __________ profit.   A. $25,719.92 / break-even B. $26,475.80 / positive C. $28,905.51 / negative D. None of the above

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Chris buys an 11-year, $38,755.25, a zero-coupon bond with an annual YTM of 7.37%. If he sells the bond after 6 years for __________, he will have a __________ profit.


 

A.

$25,719.92 / break-even

B.

$26,475.80 / positive

C.

$28,905.51 / negative

D.

None of the above

Clear my choice
 
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