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In: Advanced Math

Jessica bought a portfolio of five bonds for $50,000. Each of the bonds is a par...

Jessica bought a portfolio of five bonds for $50,000. Each of the bonds is a par valued 10,000 6% bond with annual coupons. These five bonds mature at time t=16 through t=20. Find Jessica’s APY.

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Colby Messinger answered 1 year ago
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