garp20-t3-11.11

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    GARP Book 4 -Question 11.12

    Question 11.11: A bond paying a coupon at the rate of 6% is held for six months. The price at the beginning of the six months is 102 and the price at the end of the six months is 101. What is the gross return? Question 11.12: If the bond in Question 11.11 is financed at 2% (per annum), what is...
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