# 509premid - Today,\$1,020.Ithas...

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Today, Maureen purchased a coupon bond for \$1,020. It has  a face value of \$1,000 an 8% coupon rate (with coupons paid  just once per year), and a maturity of 4 years. Maureen plans  to hold the bond for just one year, and then sell it—and she  expects to sell at a price of \$1,060. What is  Maureen's  expected rate of return ? (Nearest hundredth of a  percent) 11.76% A coupon-paying bond has a current price of \$945. Its face  value is \$1,000. Its \$70 coupon is paid just once per year (at  the end of each year). There are 2 years left until maturity.  What is the bond's  yield to maturity ? (Nearest tenth of a  percent) 10.2% Jackie owns a portfolio of Green & Gold Bonds. The bonds  make their coupon payments just once per year. Right now,  Jackie's bonds are worth a total of \$28,500. The duration of  the bonds is 6.0. Their yield to maturity is 9%. If the yield to
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